Western New England Bancorp (WNEB) Projected to Post Quarterly Earnings on Tuesday

Western New England Bancorp (NASDAQ:WNEB) is projected to announce its earnings results before the market opens on Tuesday, January 28th. Analysts expect the company to announce earnings of $0.12 per share for the quarter.

Western New England Bancorp Stock Up 0.2 %

Shares of WNEB opened at $8.92 on Monday. The stock has a market capitalization of $187.50 million, a price-to-earnings ratio of 17.15 and a beta of 0.70. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.95 and a quick ratio of 0.95. The business’s 50 day simple moving average is $9.20 and its 200-day simple moving average is $8.74. Western New England Bancorp has a 1 year low of $6.00 and a 1 year high of $10.08.

Insider Buying and Selling

In related news, SVP Darlene M. Libiszewski sold 5,000 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $9.18, for a total value of $45,900.00. Following the transaction, the senior vice president now directly owns 16,020 shares of the company’s stock, valued at $147,063.60. This represents a 23.79 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.80% of the stock is currently owned by insiders.

About Western New England Bancorp

Western New England Bancorp, Inc operates as the holding company for Westfield Bank that provides a range of commercial and retail banking products and services to individuals and businesses. The company accepts various deposit accounts, including interest-bearing and noninterest-bearing checking, commercial checking, business, nonprofit and municipal checking, savings, money market and sweep, individual retirement, and other savings accounts; time deposits; certificates of deposit; and interest on lawyer's trust accounts.