Level One Bancorp (NASDAQ:LEVL) Director Jacob W. Haas purchased 3,000 shares of the stock in a transaction that occurred on Wednesday, February 19th. The stock was bought at an average cost of $25.40 per share, with a total value of $76,200.00.
Shares of Level One Bancorp stock opened at $25.03 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.93 and a quick ratio of 0.93. The firm has a market cap of $191.17 million, a P/E ratio of 12.21 and a beta of 0.86. The firm has a 50 day simple moving average of $25.02 and a 200 day simple moving average of $24.51. Level One Bancorp has a fifty-two week low of $22.54 and a fifty-two week high of $26.69.
Level One Bancorp (NASDAQ:LEVL) last issued its quarterly earnings results on Thursday, January 30th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.17. The business had revenue of $17.50 million during the quarter, compared to analyst estimates of $15.60 million. Level One Bancorp had a net margin of 19.03% and a return on equity of 10.20%. On average, sell-side analysts expect that Level One Bancorp will post 2.47 EPS for the current year.
A number of brokerages recently weighed in on LEVL. ValuEngine lowered shares of Level One Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, January 23rd. Zacks Investment Research raised shares of Level One Bancorp from a “hold” rating to a “strong-buy” rating and set a $29.00 price target for the company in a report on Tuesday, February 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. Level One Bancorp currently has an average rating of “Hold” and a consensus target price of $27.33.
Level One Bancorp Company Profile
Level One Bancorp, Inc operates as a bank holding company for Level One Bank that provides business and consumer financial services in Michigan. It offers a range of deposit services, including checking accounts, NOW accounts, savings, other time deposits, certificates of deposit, and specialty deposit accounts.
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