Carolina Bank Holdings Inc. (NASDAQ:CLBH) shares hit a new 52-week high on Tuesday . The stock traded as high as $19.57 and last traded at $19.44, with a volume of 10,215 shares. The stock had previously closed at $18.87.

Separately, FIG Partners reaffirmed a “market-perform” rating on shares of Carolina Bank Holdings in a research report on Friday, June 24th.

The company’s 50-day moving average is $18.43 and its 200-day moving average is $16.51. The company has a market cap of $98.05 million and a P/E ratio of 20.5062.

Carolina Bank Holdings (NASDAQ:CLBH) last posted its quarterly earnings results on Thursday, July 28th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.34. On average, equities research analysts anticipate that Carolina Bank Holdings Inc. will post $1.15 EPS for the current fiscal year.

In other Carolina Bank Holdings news, Director Gary N. Brown sold 2,500 shares of the company’s stock in a transaction on Tuesday, July 26th. The stock was sold at an average price of $18.50, for a total value of $46,250.00. Following the transaction, the director now owns 51,345 shares of the company’s stock, valued at $949,882.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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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