Carolina Bank Holdings Inc. (CLBH) Sees Strong Trading Volume
Carolina Bank Holdings Inc. (NASDAQ:CLBH) saw strong trading volume on Tuesday . 101,673 shares traded hands during trading, an increase of 89% from the previous session’s volume of 53,803 shares.The stock last traded at $18.20 and had previously closed at $18.04.
Separately, FIG Partners reaffirmed a “market-perform” rating on shares of Carolina Bank Holdings in a research report on Friday, June 24th.
The firm has a 50 day moving average of $16.79 and a 200 day moving average of $16.29. The company has a market capitalization of $92.28 million and a P/E ratio of 17.91.
Carolina Bank Holdings (NASDAQ:CLBH) last released its earnings results on Thursday, April 28th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.27 by $0.05. On average, analysts expect that Carolina Bank Holdings Inc. will post $1.15 EPS for the current fiscal year.
In other news, Director Gary N. Brown sold 2,500 shares of the stock in a transaction on Tuesday, July 12th. The stock was sold at an average price of $18.20, for a total value of $45,500.00. Following the completion of the sale, the director now owns 53,845 shares in the company, valued at $979,979. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Carolina Bank Holdings, Inc is a bank holding company of the Carolina Bank (the Bank). The Bank engages in a general banking business in Guilford, Alamance, Randolph and Forsyth Counties, North Carolina. The Company operates through three segments: the Commercial/Retail Bank, the Mortgage Banking Division and the Holding Company.
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