Peoples Bancorp of North Carolina (PEBK) Upgraded to “Hold” at ValuEngine
PEBK stock opened at $28.22 on Friday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.17. The stock has a market cap of $170.92 million, a PE ratio of 13.64 and a beta of 0.71. Peoples Bancorp of North Carolina has a fifty-two week low of $20.03 and a fifty-two week high of $33.49.
In other news, Director James S. Abernethy sold 1,500 shares of the company’s stock in a transaction dated Tuesday, February 12th. The stock was sold at an average price of $27.50, for a total transaction of $41,250.00. Following the completion of the transaction, the director now directly owns 64,197 shares of the company’s stock, valued at $1,765,417.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 11.28% of the stock is owned by corporate insiders.
About Peoples Bancorp of North Carolina
Peoples Bancorp of North Carolina, Inc operates as a bank holding company for Peoples Bank that provides various banking products and services to individuals and small to medium-sized businesses. It offers various deposit products. The company's loan products comprise commercial real estate, commercial, construction and land development, single-family residential, residential mortgage, individual taxpayer identification number mortgage loans, as well as agricultural loans.
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