Bank of the James Financial Group (NASDAQ:BOTJ) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $22.15 and traded as high as $27.36. Bank of the James Financial Group shares last traded at $27.01, with a volume of 20,600 shares.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Bank of the James Financial Group in a report on Friday, July 17th. Wall Street Zen upgraded shares of Bank of the James Financial Group to a “buy” rating in a research report on Saturday, June 6th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

Bank of the James Financial Group Price Performance

The firm has a 50-day simple moving average of $24.78 and a 200 day simple moving average of $22.22. The stock has a market capitalization of $126.25 million, a P/E ratio of 11.48 and a beta of 0.17.

Bank of the James Financial Group (NASDAQ:BOTJ) last issued its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter. Bank of the James Financial Group had a net margin of 17.17% and a return on equity of 14.13%. The business had revenue of $12.70 million during the quarter.

Institutional Investors Weigh In On Bank of the James Financial Group

Institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP lifted its stake in shares of Bank of the James Financial Group by 2.2% in the first quarter. Dimensional Fund Advisors LP now owns 33,458 shares of the financial services provider’s stock worth $689,000 after acquiring an additional 731 shares during the period. Bridgeway Capital Management LLC raised its position in shares of Bank of the James Financial Group by 2.5% in the 3rd quarter. Bridgeway Capital Management LLC now owns 36,238 shares of the financial services provider’s stock worth $565,000 after acquiring an additional 868 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of Bank of the James Financial Group by 7.8% in the 1st quarter. Empowered Funds LLC now owns 22,211 shares of the financial services provider’s stock valued at $328,000 after purchasing an additional 1,613 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Bank of the James Financial Group in the 2nd quarter valued at about $27,000. Finally, LPL Financial LLC bought a new stake in shares of Bank of the James Financial Group during the 4th quarter valued at about $266,000. Institutional investors own 18.50% of the company’s stock.

Bank of the James Financial Group Company Profile

Bank of the James Financial Group, Inc is the bank holding company for The Bank of the James, a Virginia-chartered commercial bank headquartered in Lynchburg, Virginia. Established in the early 20th century, the organization has developed a reputation for community banking with a focus on personalized service. As a NASDAQ-listed entity under the ticker BOTJ, the holding company oversees a network of full-service branches throughout Central and Southwestern Virginia.

The Bank of the James offers a comprehensive suite of consumer and commercial banking solutions.