Winchester Bancorp (NASDAQ:WSBK) Trading Up 0.2% – Here’s Why

Winchester Bancorp, Inc. (NASDAQ:WSBK) rose 0.2% on Friday . The company traded as high as $13.05 and last traded at $13.00. 28,332 shares were traded during mid-day trading, an increase of 263% from the average session volume of 7,806 shares. The stock had previously closed at $12.97.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Winchester Bancorp from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, June 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Winchester Bancorp Stock Performance

The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.23. The company has a 50 day moving average of $13.01 and a 200 day moving average of $12.79. The firm has a market cap of $120.90 million, a price-to-earnings ratio of 26.53 and a beta of -0.37.

Winchester Bancorp (NASDAQ:WSBK) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.14 EPS for the quarter. Winchester Bancorp had a return on equity of 3.74% and a net margin of 8.56%.The firm had revenue of $7.36 million during the quarter.

Hedge Funds Weigh In On Winchester Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of Winchester Bancorp during the second quarter worth approximately $187,000. Northstar Financial Companies Inc. acquired a new stake in Winchester Bancorp in the second quarter valued at $920,000. Eastern Bank boosted its stake in Winchester Bancorp by 60.0% during the 2nd quarter. Eastern Bank now owns 4,000 shares of the company’s stock valued at $53,000 after acquiring an additional 1,500 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Winchester Bancorp by 17.0% during the 1st quarter. Renaissance Technologies LLC now owns 31,000 shares of the company’s stock valued at $394,000 after acquiring an additional 4,498 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its holdings in Winchester Bancorp by 3.6% during the 4th quarter. Integrated Wealth Concepts LLC now owns 57,000 shares of the company’s stock worth $596,000 after acquiring an additional 2,000 shares in the last quarter.

About Winchester Bancorp

Winchester Bancorp, Inc is the bank holding company for The Winchester Bank, a community bank headquartered in Winchester, New Hampshire. Established in 1871, the company operates under a state charter and has a long-standing commitment to serving the financial needs of individuals, families and businesses across its regional footprint.

The company offers a comprehensive suite of banking products and services, including commercial and consumer lending, real-estate and construction financing, deposit accounts, cash management, and treasury services.