Patriot National Bancorp (NASDAQ:PNBK) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, ValuEngine reports.

Separately, TheStreet cut Patriot National Bancorp from a “c” rating to a “d+” rating in a research note on Tuesday, September 3rd.

Shares of Patriot National Bancorp stock traded down $0.18 during trading on Tuesday, hitting $12.82. The company’s stock had a trading volume of 152 shares, compared to its average volume of 2,111. Patriot National Bancorp has a 52 week low of $12.60 and a 52 week high of $25.50. The stock has a 50-day moving average price of $14.03 and a two-hundred day moving average price of $15.03. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.09 and a current ratio of 1.09.

Patriot National Bancorp (NASDAQ:PNBK) last announced its earnings results on Friday, August 23rd. The bank reported ($0.42) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.77). The company had revenue of $7.38 million for the quarter. Patriot National Bancorp had a negative return on equity of 0.57% and a negative net margin of 0.86%.

About Patriot National Bancorp

Patriot National Bancorp, Inc operates as the bank holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company offers consumer and commercial deposit accounts, such as checking accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, savings accounts, individual retirement accounts, and health savings accounts, as well as certificate of deposit account registry service.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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