Separately, TheStreet lowered Glen Burnie Bancorp from a “b-” rating to a “c+” rating in a research note on Wednesday, March 25th.
Shares of NASDAQ:GLBZ traded up $0.38 during midday trading on Thursday, hitting $7.94. The company had a trading volume of 3,508 shares, compared to its average volume of 2,831. The company has a market cap of $21.41 million, a price-to-earnings ratio of 14.18 and a beta of 0.71. Glen Burnie Bancorp has a 12-month low of $7.05 and a 12-month high of $11.80. The company has a fifty day moving average of $9.91 and a two-hundred day moving average of $10.78.
Glen Burnie Bancorp Company Profile
Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company accepts various deposits, including demand savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, holiday club accounts, and certificates of deposit.
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