National Bankshares, Inc. (NASDAQ:NKSH) Director Mary G. Miller bought 500 shares of the stock in a transaction that occurred on Tuesday, September 14th. The stock was acquired at an average price of $36.50 per share, for a total transaction of $18,250.00. Following the completion of the transaction, the director now owns 6,000 shares in the company, valued at $219,000. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
NKSH traded down $0.44 during trading hours on Wednesday, hitting $36.25. The company’s stock had a trading volume of 9,580 shares, compared to its average volume of 23,312. National Bankshares, Inc. has a fifty-two week low of $23.60 and a fifty-two week high of $39.99. The firm has a market capitalization of $223.66 million, a PE ratio of 14.90 and a beta of 0.57. The company has a 50-day simple moving average of $36.60 and a 200 day simple moving average of $35.90.
National Bankshares (NASDAQ:NKSH) last posted its earnings results on Friday, August 13th. The bank reported $0.74 EPS for the quarter, meeting the consensus estimate of $0.74. National Bankshares had a return on equity of 9.45% and a net margin of 35.58%. The firm had revenue of $12.00 million for the quarter, compared to analysts’ expectations of $12.20 million. Equities analysts expect that National Bankshares, Inc. will post 2.94 earnings per share for the current year.
Separately, Zacks Investment Research cut National Bankshares from a “buy” rating to a “hold” rating in a research report on Thursday, August 19th.
National Bankshares Company Profile
National Bankshares, Inc is a community bank holding company. It offers financial products and services, including deposit accounts, commercial, consumer and mortgage loans, credit cards and trust services throughout Southwest Virginia. National Bankshares was founded in 1986 and is headquartered in Blacksburg, VA.
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