BidaskClub Downgrades BSB Bancorp (BLMT) to Sell
BidaskClub cut shares of BSB Bancorp (NASDAQ:BLMT) from a hold rating to a sell rating in a research note released on Wednesday.
Shares of BSB Bancorp (NASDAQ BLMT) opened at $30.00 on Wednesday. BSB Bancorp has a 1 year low of $26.65 and a 1 year high of $32.15. The firm has a market cap of $281.04, a price-to-earnings ratio of 19.23 and a beta of 0.46. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.32 and a quick ratio of 1.31.
In other BSB Bancorp news, CEO Robert M. Mahoney purchased 2,174 shares of BSB Bancorp stock in a transaction that occurred on Friday, February 16th. The shares were bought at an average price of $29.75 per share, for a total transaction of $64,676.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last 90 days, insiders purchased 8,167 shares of company stock worth $244,400 and sold 2,100 shares worth $61,724. Insiders own 13.17% of the company’s stock.
TRADEMARK VIOLATION WARNING: This story was posted by Watch List News and is the sole property of of Watch List News. If you are viewing this story on another site, it was illegally copied and reposted in violation of international copyright laws. The original version of this story can be viewed at https://www.watchlistnews.com/bidaskclub-downgrades-bsb-bancorp-blmt-to-sell/1906027.html.
About BSB Bancorp
BSB Bancorp, Inc (BSB Bancorp) is a bank holding company of Belmont Savings Bank (the Bank). The Company’s Belmont Savings Bank is a chartered savings bank. The Bank’s business consists primarily of accepting deposits from the general public, small businesses and municipalities, and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans, commercial business loans, construction loans and investment securities.
Receive News & Ratings for BSB Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BSB Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.