Anchor Bancorp (ANCB) Stock Price Down 3.5%
Shares of Anchor Bancorp (NASDAQ:ANCB) traded down 3.5% during mid-day trading on Thursday . The company traded as low as $24.05 and last traded at $25.10, with a volume of 50,866 shares changing hands. The stock had previously closed at $26.00.
Separately, Keefe, Bruyette & Woods lifted their price objective on shares of Anchor Bancorp from $24.00 to $25.00 and gave the company a “market perform” rating in a report on Thursday, July 28th.
The firm has a market cap of $63.38 million and a P/E ratio of 126.00. The stock’s 50 day moving average price is $25.65 and its 200-day moving average price is $24.38.
Anchor Bancorp (NASDAQ:ANCB) last released its earnings results on Wednesday, July 27th. The financial services provider reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. Analysts predict that Anchor Bancorp will post $0.85 EPS 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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