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 were traded during trading, a decline of 45% from the average session volume of 310,324 shares. The stock had previously closed at $3.42.
Blue Ridge Bankshares Stock Up 0.3%
The company has a market cap of $308.40 million, a P/E ratio of -5.36 and a beta of 0.78. The stock has a 50-day moving average of $3.37 and a 200 day moving average of $3.85. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.05.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its holdings in shares of Blue Ridge Bankshares by 436.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 7,434 shares of the company’s stock valued at $27,000 after purchasing an additional 6,048 shares in the last quarter. MV Capital Management Inc. acquired a new position in shares of Blue Ridge Bankshares during the 4th quarter worth $28,000. Polymer Capital Management HK LTD bought a new stake in shares of Blue Ridge Bankshares during the 3rd quarter worth $44,000. Schonfeld Strategic Advisors LLC acquired a new stake in Blue Ridge Bankshares in the third quarter valued at about $61,000. Finally, &PARTNERS acquired a new stake in Blue Ridge Bankshares in the fourth quarter valued at about $67,000. 50.48% of the stock is owned by institutional investors.
About Blue Ridge Bankshares
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.
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