Glen Burnie Bancorp (NASDAQ:GLBZ) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

by · The Cerbat Gem

Glen Burnie Bancorp (NASDAQ:GLBZ – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.86 and traded as high as $5.30. Glen Burnie Bancorp shares last traded at $5.12, with a volume of 7,061 shares trading hands.

Glen Burnie Bancorp Stock Performance

The company’s fifty day simple moving average is $5.20 and its two-hundred day simple moving average is $4.86. The stock has a market capitalization of $16.21 million, a PE ratio of 14.64 and a beta of 0.63.

Glen Burnie Bancorp (NASDAQ:GLBZ – Get Free Report) last posted its earnings results on Friday, July 26th. The financial services provider reported ($0.07) earnings per share for the quarter. Glen Burnie Bancorp had a net margin of 3.41% and a return on equity of 3.04%. The business had revenue of $3.03 million for the quarter.

About Glen Burnie Bancorp

(Get Free Report)

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit.

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