In today’s recent session, 47.62 million shares of the Patriot National Bancorp Inc (NASDAQ:PNBK) have been traded, and its beta is 0.50. Most recently the company’s share price was $2.13, and it changed around $0.68 or 46.90% from the last close, which brings the market valuation of the company to $8.48M. PNBK at last check was trading at a discount to its 52-week high of $4.07, offering almost -91.08% off that amount. The share price’s 52-week low was $1.33, which indicates that the recent value has risen by an impressive 37.56% since then. We note from Patriot National Bancorp Inc’s average daily trading volume that its 10-day average is 43710.0 shares, with the 3-month average coming to 28.76K.
Patriot National Bancorp Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended PNBK as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Patriot National Bancorp Inc is expected to report earnings per share of 0 for the current quarter.
Patriot National Bancorp Inc (NASDAQ:PNBK) trade information
Instantly PNBK has been showing a green trend so far today with a performance of 46.90% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.4700 on recent trading dayincreased the stock’s daily price by 13.77%. The company’s shares are currently up 9.79% year-to-date, but still up 45.89% over the last five days. On the other hand, Patriot National Bancorp Inc (NASDAQ:PNBK) is 17.68% up in the 30-day period. We can see from the shorts that 0.11 million shares have been sold at a short interest cover period of 1.07 day(s).
PNBK Dividends
Patriot National Bancorp Inc’s next quarterly earnings report is expected to be released in March. The average dividend yield for the past five years averaged 1.57 per year.
Patriot National Bancorp Inc (NASDAQ:PNBK)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 56.09% of Patriot National Bancorp Inc shares, and 25.60% of them are in the hands of institutional investors. The stock currently has a share float of 58.30%. Patriot National Bancorp Inc stock is held by 17.0 institutions, with ALLIANCEBERNSTEIN L.P. being the largest institutional investor. By 2024-06-30, it held 9.7829% of the shares, which is about 0.39 million shares worth $0.73 million.
SIGULER GUFF ADVISERS, LLC, with 6.2877% or 0.25 million shares worth $0.47 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
AQR Funds-AQR Diversified Arbitrage Fd and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 71.97 shares worth $0.16 million, making up 1.81% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 25.39 shares worth around $55221.0, which represents about 0.64% of the total shares outstanding.
