Glen Burnie Bancorp (NASDAQ:GLBZ) was upgraded by analysts at TheStreet from a “c+” rating to a “b-” rating in a research note issued on Tuesday.

Shares of Glen Burnie Bancorp (NASDAQ GLBZ) opened at $11.37 on Tuesday. Glen Burnie Bancorp has a 52-week low of $10.34 and a 52-week high of $12.55. The company has a market capitalization of $31.65, a PE ratio of 21.32 and a beta of -0.10.

Glen Burnie Bancorp (NASDAQ:GLBZ) last issued its quarterly earnings results on Wednesday, November 1st. The financial services provider reported $0.15 EPS for the quarter. Glen Burnie Bancorp had a return on equity of 4.26% and a net margin of 9.66%. The company had revenue of $3.30 million during the quarter.

A hedge fund recently bought a new stake in Glen Burnie Bancorp stock. Alpine Woods Capital Investors LLC purchased a new position in shares of Glen Burnie Bancorp (NASDAQ:GLBZ) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,000 shares of the financial services provider’s stock, valued at approximately $109,000. Alpine Woods Capital Investors LLC owned 0.36% of Glen Burnie Bancorp as of its most recent filing with the Securities and Exchange Commission. 14.29% of the stock is currently owned by hedge funds and other institutional investors.

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About Glen Burnie Bancorp

Glen Burnie Bancorp is the bank holding company for The Bank of Glen Burnie (the Bank), a commercial bank. The Bank is engaged in the commercial and retail banking business, including the acceptance of demand and time deposits, and the origination of loans to individuals, associations, partnerships and corporations.

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