Glen Burnie Bancorp (NASDAQ:GLBZ) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Shares of Glen Burnie Bancorp (NASDAQ:GLBZGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.86 and traded as high as $5.30. Glen Burnie Bancorp shares last traded at $5.12, with a volume of 7,061 shares traded.

Glen Burnie Bancorp Trading Up 9.3 %

The company has a market cap of $16.21 million, a price-to-earnings ratio of 14.64 and a beta of 0.63. The company’s 50 day moving average price is $5.20 and its 200 day moving average price is $4.86.

Glen Burnie Bancorp (NASDAQ:GLBZGet Free Report) last released its earnings results on Friday, July 26th. The financial services provider reported ($0.07) EPS for the quarter. Glen Burnie Bancorp had a return on equity of 3.04% and a net margin of 3.41%. The firm had revenue of $3.03 million during the quarter.

About Glen Burnie Bancorp

(Get Free Report)

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit.

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