Patriot National Bancorp Inc (NASDAQ:PNBK) Drops -26.79% In One Week: What’s Boosting Its Stock?

In last trading session, Patriot National Bancorp Inc (NASDAQ:PNBK) saw 2.38 million shares changing hands with its beta currently measuring -0.46. Company’s recent per share price level of $1.23 trading at $0.06 or 5.13% at ring of the bell on the day assigns it a market valuation of $93.80M. That closing price of PNBK’s stock is at a discount of -507.32% from its 52-week high price of $7.47 and is indicating a premium of 19.51% from its 52-week low price of $0.99. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.4 million shares which gives us an average trading volume of 694.40K if we extend that period to 3-months.

Patriot National Bancorp Inc (NASDAQ:PNBK) trade information

Patriot National Bancorp Inc’s shares saw a change of -36.60% in year-to-date performance and have moved -26.79% in past 5-day. Patriot National Bancorp Inc (NASDAQ:PNBK) showed a performance of -58.02% in past 30-days. Number of shares sold short was 0.24 million shares which calculate 0.75 days to cover the short interests.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -69.43% during past 5 years.

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

Insiders are in possession of 39.92% of company’s total shares while institution are holding 5.04 percent of that, with stock having share float percentage of 8.39%. Investors also watch the number of corporate investors in a company very closely, which is 5.04% institutions for Patriot National Bancorp Inc that are currently holding shares of the company. ALLIANCEBERNSTEIN L.P. is the top institutional holder at PNBK for having 0.39 million shares of worth $0.73 million. And as of 2024-06-30, it was holding 9.7829 of the company’s outstanding shares.

The second largest institutional holder is SIGULER GUFF ADVISERS, LLC, which was holding about 0.25 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.2877 of outstanding shares, having a total worth of $0.47 million.

Marketing Sentinel
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.