Community Bancorp (NASDAQ:CMTV) Raised to Hold at Wall Street Zen

Community Bancorp (NASDAQ:CMTV) was upgraded by equities research analysts at Wall Street Zen to a “hold” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings upgraded Community Bancorp from a “hold (c)” rating to a “buy (b)” rating in a research report on Friday, March 20th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Community Bancorp Price Performance

Community Bancorp stock opened at $33.62 on Friday. Community Bancorp has a 1-year low of $16.99 and a 1-year high of $42.80. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.92 and a current ratio of 0.92. The company has a market cap of $187.94 million, a P/E ratio of 11.17 and a beta of 0.31.

Community Bancorp (NASDAQ:CMTV) last released its quarterly earnings results on Tuesday, January 27th. The company reported $0.83 EPS for the quarter. The firm had revenue of $13.21 million during the quarter. Community Bancorp had a net margin of 24.67% and a return on equity of 16.08%.

Insider Activity

In related news, CEO Christopher L. Caldwell acquired 1,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was bought at an average cost of $31.77 per share, with a total value of $31,770.00. Following the acquisition, the chief executive officer owned 11,000 shares of the company’s stock, valued at approximately $349,470. The trade was a 10.00% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Wayne Lamberton bought 2,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was bought at an average price of $31.19 per share, with a total value of $62,380.00. Following the completion of the transaction, the director directly owned 8,565 shares of the company’s stock, valued at $267,142.35. This represents a 30.46% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders have purchased 5,528 shares of company stock worth $173,116. 9.33% of the stock is currently owned by corporate insiders.

Community Bancorp Company Profile

Community Bancorp (NASDAQ: CMTV) is a bank holding company that provides commercial banking and related financial services through its subsidiary banking operations. The company focuses on deposit-taking and lending activities typical of community-oriented banks, serving the needs of individual customers, small and medium-sized businesses, and local organizations.

Its primary products and services include core deposit accounts, commercial and consumer lending, mortgage and real estate finance, and payment and treasury management services designed to support local business cash flow and day-to-day banking needs.