Anchor Bancorp (ANCB) Shares Down 3.5%
Anchor Bancorp (NASDAQ:ANCB) shares fell 3.5% on Thursday . The company traded as low as $24.05 and last traded at $25.10, with a volume of 50,866 shares. The stock had previously closed at $26.00.
Separately, Keefe, Bruyette & Woods increased their price target on Anchor Bancorp from $24.00 to $25.00 and gave the stock a “market perform” rating in a research note on Thursday, July 28th.
The stock has a market cap of $64.38 million and a price-to-earnings ratio of 128.00. The firm has a 50-day moving average of $25.67 and a 200 day moving average of $24.39.
Anchor Bancorp (NASDAQ:ANCB) last announced its earnings results on Wednesday, July 27th. The financial services provider reported $0.14 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.03. On average, equities research analysts predict that Anchor Bancorp will post $0.85 earnings per share for the current fiscal year.
Anchor Bancorp is a bank holding company for Anchor Bank. The Bank business activities are limited to passive investment activities and oversight of its investment in Anchor Bank. Anchor Bank is a community-based savings bank primarily serving Western Washington through its 11 full-service banking offices located within Grays Harbor, Thurston, Lewis, Pierce and Mason counties, Washington.
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