Glen Burnie Bancorp (NASDAQ:GLBZ) Announces Earnings Results

Glen Burnie Bancorp (NASDAQ:GLBZ) released its quarterly earnings data on Thursday. The financial services provider reported ($0.01) EPS for the quarter, Zacks reports. Glen Burnie Bancorp had a return on equity of 0.50% and a net margin of 0.60%.

Glen Burnie Bancorp Trading Up 3.6 %

GLBZ traded up $0.17 on Thursday, reaching $4.88. The stock had a trading volume of 2,721 shares, compared to its average volume of 9,327. The business’s 50-day moving average price is $5.67 and its two-hundred day moving average price is $5.45. The company has a market cap of $14.15 million, a P/E ratio of 162.72 and a beta of 0.60. Glen Burnie Bancorp has a 12-month low of $3.37 and a 12-month high of $6.99.

About Glen Burnie Bancorp

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.