Sussex Bancorp (SBBX) Reaches New 52-Week High at $15.99
Sussex Bancorp (NASDAQ:SBBX)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $15.99 and last traded at $15.25, with a volume of 13,962 shares traded. The stock had previously closed at $14.76.
Separately, Zacks Investment Research lowered shares of Sussex Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, April 27th.
The stock has a market capitalization of $69.97 million and a price-to-earnings ratio of 16.22. The firm has a 50-day moving average price of $13.75 and a 200-day moving average price of $13.16.
Sussex Bancorp (NASDAQ:SBBX) last released its quarterly earnings data on Tuesday, April 26th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.10. Equities research analysts anticipate that Sussex Bancorp will post $1.08 EPS for the current year.
Sussex Bancorp is a bank holding company for Sussex Bank (the Bank). The Company’s primary business is the ownership and supervision of the Bank. The Company has two business segments: banking and financial services, and insurance services. The Company, through the Bank, conducts a traditional commercial banking business, and offer services, including personal and business checking accounts and time deposits, money market accounts and savings accounts.
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