Meridian Bancorp Inc. (EBSB) Sees Strong Trading Volume
Meridian Bancorp Inc. (NASDAQ:EBSB) shares saw an uptick in trading volume on Thursday . 194,567 shares were traded during trading, an increase of 53% from the previous session’s volume of 126,960 shares.The stock last traded at $15.35 and had previously closed at $15.12.
The stock has a market cap of $786.31 million and a P/E ratio of 31.45. The firm has a 50-day moving average of $15.12 and a 200-day moving average of $14.47.
Meridian Bancorp (NASDAQ:EBSB) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $0.11 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by $0.03. Equities research analysts predict that Meridian Bancorp Inc. will post $0.56 earnings per share for the current fiscal year.
Meridian Bancorp Inc, formerly Meridian Interstate Bancorp, Inc, is a mid-tier stock holding company of East Boston Savings Bank (the Bank). The Bank is a state-chartered stock savings bank that operates from 24 full-service locations and two loan centers in the Boston metropolitan area. East Boston Savings Bank operates eight of its full-service locations and a loan center under the name Mt.
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