On Friday, Provident Bancorp Inc (NASDAQ: PVBC) opened at On Friday, higher 3.25% from the last session, before settling in for the closing price of $11.37. Price fluctuations for PVBC have ranged from $9.48 to $12.96 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 11.38%. Company’s average yearly earnings per share was noted 20.93% at the time writing. With a float of $15.59 million, this company’s outstanding shares have now reached $17.79 million.
Considering the fact that the conglomerate employs 177 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 100.34%, operating margin of 9.59%, and the pretax margin is 7.03%.
Provident Bancorp Inc (PVBC) Insider Activity
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Provident Bancorp Inc is 11.40%, while institutional ownership is 45.10%. The most recent insider transaction that took place on Nov 11 ’24, was worth 58,200. In this transaction Director of this company bought 5,000 shares at a rate of $11.64, taking the stock ownership to the 47,721 shares. Before that another transaction happened on Nov 08 ’24, when Company’s Director bought 5,000 for $11.30, making the entire transaction worth $56,500. This insider now owns 42,721 shares in total.
Provident Bancorp Inc (PVBC) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 20.93% per share during the next fiscal year.
Provident Bancorp Inc (NASDAQ: PVBC) Trading Performance Indicators
Check out the current performance indicators for Provident Bancorp Inc (PVBC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.20. Likewise, its price to free cash flow for the trailing twelve months is 12.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.26, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.65 in one year’s time.
Technical Analysis of Provident Bancorp Inc (PVBC)
Compared to the last year’s volume of 46013.0, its volume of 0.45 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 70.48%. Additionally, its Average True Range was 0.27.
During the past 100 days, Provident Bancorp Inc’s (PVBC) raw stochastic average was set at 52.71%, which indicates a significant decrease from 94.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.15% in the past 14 days, which was lower than the 27.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.19, while its 200-day Moving Average is $11.20. Nevertheless, the first resistance level for the watch stands at $11.87 in the near term. At $12.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.21. If the price goes on to break the first support level at $11.53, it is likely to go to the next support level at $11.32. Should the price break the second support level, the third support level stands at $11.19.
Provident Bancorp Inc (NASDAQ: PVBC) Key Stats
There are currently 17,789K shares outstanding in the company with a market cap of 206.57 million. Presently, the company’s annual sales total 95,370 K according to its annual income of 7,270 K. Last quarter, the company’s sales amounted to 21,960 K and its income totaled 2,170 K.
