Mark Christopher Hanna Acquires 3,700 Shares of Glen Burnie Bancorp (NASDAQ:GLBZ) Stock

Glen Burnie Bancorp (NASDAQ:GLBZ) CEO Mark Christopher Hanna bought 3,700 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were acquired at an average cost of $5.90 per share, with a total value of $21,830.00. Following the completion of the purchase, the chief executive officer now owns 7,841 shares of the company’s stock, valued at approximately $46,261.90. The trade was a 89.35 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Glen Burnie Bancorp Price Performance

GLBZ stock opened at $6.00 on Wednesday. Glen Burnie Bancorp has a 12 month low of $3.37 and a 12 month high of $7.16. The firm has a market cap of $17.40 million, a PE ratio of 200.07 and a beta of 0.62. The firm has a 50 day simple moving average of $5.65 and a 200 day simple moving average of $4.98.

Glen Burnie Bancorp (NASDAQ:GLBZ) last released its quarterly earnings results on Thursday, October 31st. The financial services provider reported $0.04 earnings per share (EPS) for the quarter. Glen Burnie Bancorp had a net margin of 0.60% and a return on equity of 0.50%. The business had revenue of $3.18 million for the quarter.

Glen Burnie Bancorp Company Profile

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.