Short Term Estimates And Forecasts For Patriot National Bancorp Inc (PNBK)

Patriot National Bancorp Inc (NASDAQ:PNBK) has a beta value of 0.50 and has seen 0.2 million shares traded in the last trading session. The company, currently valued at $5.81M, closed the last trade at $1.46 per share which meant it lost -$0.07 on the day or -4.58% during that session. The PNBK stock price is -178.77% off its 52-week high price of $4.07 and 8.9% above the 52-week low of $1.33. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.71 million shares traded. The 3-month trading volume is 954.34K shares.

Patriot National Bancorp Inc (NASDAQ:PNBK) trade information

Sporting -4.58% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PNBK stock price touched $1.46 or saw a rise of 40.89%. Year-to-date, Patriot National Bancorp Inc shares have moved -24.74%, while the 5-day performance has seen it change 0.69%. Over the past 30 days, the shares of Patriot National Bancorp Inc (NASDAQ:PNBK) have changed -10.49%. Short interest in the company has seen 46158.0 shares shorted with days to cover at 4.96.

Patriot National Bancorp Inc (PNBK) estimates and forecasts

The company’s shares have lost -19.11% over the past 6 months.

PNBK Dividends

Patriot National Bancorp Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Patriot National Bancorp Inc (NASDAQ:PNBK)’s Major holders

Insiders own 55.94% of the company shares, while shares held by institutions stand at 22.16% with a share float percentage of 50.29%. Investors are also buoyed by the number of investors in a company, with Patriot National Bancorp Inc having a total of 17.0 institutions that hold shares in the company. The top two institutional holders are ALLIANCEBERNSTEIN L.P. with over 0.39 million shares worth more than $0.73 million. As of 2024-06-30, ALLIANCEBERNSTEIN L.P. held 9.7829% of shares outstanding.

The other major institutional holder is SIGULER GUFF ADVISERS, LLC, with the holding of over 0.25 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.47 million and represent 6.2877% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are AQR Funds-AQR Diversified Arbitrage Fd and Vanguard Total Stock Market Index Fund. As of Sep 30, 2024, the former fund manager holds about 1.81% shares in the company for having 71.97 shares of worth $0.11 million while later fund manager owns 25.39 shares of worth $37067.0 as of Sep 30, 2024, which makes it owner of about 0.64% of company’s outstanding stock.