Blue Ridge Bankshares, Inc. (NASDAQ:BRBS – Get Free Report) shares traded up 0.3% during mid-day trading on Friday . The stock traded as high as $3.45 and last traded at $3.43. 169,167 shares changed hands during trading, a decline of 45% from the average daily volume of 310,324 shares. The stock had previously closed at $3.42.
Blue Ridge Bankshares Stock Up 0.3%
The stock has a market capitalization of $308.40 million, a PE ratio of -5.36 and a beta of 0.78. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.68. The company’s 50-day moving average is $3.37 and its 200 day moving average is $3.85.
Institutional Investors Weigh In On Blue Ridge Bankshares
Several institutional investors and hedge funds have recently made changes to their positions in the stock. MV Capital Management Inc. acquired a new position in shares of Blue Ridge Bankshares in the 4th quarter valued at $28,000. BNP Paribas Financial Markets lifted its position in Blue Ridge Bankshares by 436.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 7,434 shares of the company’s stock worth $27,000 after acquiring an additional 6,048 shares during the period. Polymer Capital Management HK LTD acquired a new stake in Blue Ridge Bankshares during the 3rd quarter worth about $44,000. Schonfeld Strategic Advisors LLC purchased a new stake in Blue Ridge Bankshares during the 3rd quarter valued at about $61,000. Finally, &PARTNERS purchased a new stake in Blue Ridge Bankshares during the 4th quarter valued at about $67,000. 50.48% of the stock is currently owned by institutional investors and hedge funds.
Blue Ridge Bankshares Company Profile
Blue Ridge Bankshares, Inc is a bank holding company headquartered in Fort Valley, Virginia. Through its wholly owned subsidiary, Blue Ridge Bank, it offers a comprehensive suite of commercial and consumer banking services to individuals, businesses and agricultural clients. The company emphasizes a relationship-driven approach, leveraging local knowledge to deliver customized financial solutions.
Its product lineup includes deposit offerings such as checking, savings and money market accounts, as well as certificates of deposit.
Read More
- Five stocks we like better than Blue Ridge Bankshares
- AeroVironment Flies Under Wall Street’s Radar Toward a $4 Billion Target
- Micron’s $250 Billion Bet Could Reshape the AI Memory Race
- Rocket Lab’s Stock Drop Comes With a Bullish Twist
- Amazon’s New Debt Deal Puts Its AI Spending Story on Trial
Receive News & Ratings for Blue Ridge Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Ridge Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.
