Shore Bancshares (NASDAQ:SHBI) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Monday, April 29th, ValuEngine reports.
Separately, Keefe, Bruyette & Woods cut shares of Shore Bancshares from an “outperform” rating to a “market perform” rating in a research note on Monday, February 4th.
NASDAQ SHBI traded up $0.39 during trading hours on Monday, reaching $15.93. The company’s stock had a trading volume of 8,474 shares, compared to its average volume of 21,886. The stock has a market cap of $198.59 million, a price-to-earnings ratio of 8.34 and a beta of 0.49. Shore Bancshares has a fifty-two week low of $12.95 and a fifty-two week high of $20.08. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.10.
About Shore Bancshares
Shore Bancshares, Inc operates as a bank holding company for the Shore United Bank that provides various commercial banking products and services to individuals, businesses, and other organizations. It offers various deposit products, including checking, savings, and money market accounts; and regular and IRA certificates of deposit, as well as CDARS programs and cash management services.
See Also: Cash Flow
To view ValuEngine’s full report, visit ValuEngine’s official website.
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