Punk Ponk

Main Menu

  • British Punk Rock
  • American Punk Rock
  • Psychobilly
  • New Wave And Post-Punk
  • Accounts

Punk Ponk

Header Banner

Punk Ponk

  • British Punk Rock
  • American Punk Rock
  • Psychobilly
  • New Wave And Post-Punk
  • Accounts
Accounts
Home›Accounts›StockNews.com Begins Coverage of Salisbury Bancorp (NASDAQ:SAL)

StockNews.com Begins Coverage of Salisbury Bancorp (NASDAQ:SAL)

By Michael M. Pack
September 10, 2022
0
0

equity analysts at StockNews.com initiated coverage of shares of Salisbury Bancorp (NASDAQ: SAL- received rating) in a research note published on Saturday. The brokerage firm gave the bank’s shares a “hold” rating.

Salisbury Bancorp stock performance

Salisbury Bancorp shares opened at $23.50 on Friday. The company has a market cap of $135.92 million, a P/E of 9.07 and a beta of 0.72. Salisbury Bancorp has a 52-week low of $22.50 and a 52-week high of $29.95. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt to equity ratio of 0.23. The company’s 50-day moving average is $23.59 and its 200-day moving average is $18.95.

Salisbury Bancorp (NASDAQ: SAL- received rating) last announced its earnings results on Wednesday, July 20th. The bank reported earnings per share (EPS) of $0.66 for the quarter, missing analyst consensus estimates of $0.72 ($0.06). Salisbury Bancorp had a return on equity of 11.24% and a net margin of 25.89%. The company had revenue of $14.17 million for the quarter, compared to analysts’ expectations of $13.80 million. Research analysts are forecasting that Salisbury Bancorp will post 2.82 EPS for the current fiscal year.

Institutional investors rely on Salisbury Bancorp

pixel

advertisement vantage point

What is the obsession with inflation?

Before you waste your time arguing about inflation, how about we get down to the facts? 61% of American families are struggling to survive. Now it’s time to grow your capital. With this TOOL you can. Learn to predict market trends 1-3 days ahead with a proven accuracy of up to 87.4%. Secure your place in a free live training here.

A number of hedge funds and other institutional investors have recently bought and sold shares in the company. State Street Corp added 4.0% to its stake in Salisbury Bancorp in the second quarter. State Street Corp now owns 11,277 shares of the bank, valued at $532,000, after purchasing an additional 432 shares during the period. MCF Advisors LLC acquired a new $25,000 stake in Salisbury Bancorp during the first quarter. Resources Management Corp CT ADV added 37.7% to its stake in Salisbury Bancorp in the second quarter. Resources Management Corp CT ADV now owns 1,825 shares of the bank, valued at $86,000, having purchased an additional 500 shares during the period. Asset Dedication LLC acquired a new $33,000 stake in Salisbury Bancorp during the first quarter. Finally, Renaissance Technologies LLC increased its stake in Salisbury Bancorp by 6.0% during the second quarter. Renaissance Technologies LLC now owns 12,300 shares of the bank, valued at $581,000, having purchased an additional 700 shares during the period. Institutional investors and hedge funds own 12.74% of the company’s shares.

About Salisbury Bancorp

(received rating)

Salisbury Bancorp, Inc acts as the bank holding company for Salisbury Bank and Trust Company, which provides commercial banking, consumer finance, retail banking, and trust and wealth advisory services. It offers various insole products for private and commercial customers. The company also offers loans such as B. Loans for residential and commercial real estate; home loan; working capital loans; equipment loan; and consumer loans, including home loans and lines of credit, collateral loans, and auto and personal installment loans.

Selected items

This instant news alert was generated by MarketBeat’s narrative science technology and financial data to provide readers with the fastest, most accurate reporting. This story was reviewed by the MarketBeat editorial team before publication. Please send questions or comments about this story to [email protected]

Hear this before you consider Salisbury Bancorp.

MarketBeat tracks Wall Street’s best-in-class, top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now, before the broader market takes hold… and Salisbury Bancorp was not on the list.

While Salisbury Bancorp is currently rated “N/A” by analysts, top analysts believe these five stocks are better buys.

Check out the five stocks here

Related posts:

  1. Buy Walmart shares ahead of its earnings report Thursday, analyst says
  2. Alerus Financial Corporation – Consensus indicates potential rise of 2.7%
  3. Airbnb filing shows effect of pandemic on travel industry
  4. Know the rules, and beware of scams, before trying to settle bad debts

Recent Posts

  • The 10 Greatest Ska-Punk Albums Of All Time, Ranked From Worst To Best
  • Punks for Presents tickets on sale now
  • Fashion Insiders Share Their Favorite Raf Simons Collections
  • Regional Management Corp. (NYSE:RM) Director Basswood Capital Management, L. sells 63,093 shares
  • Former Impractical Jokers star is coming to El Paso in the new year

Archives

  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • June 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020

Categories

  • Accounts
  • American Punk Rock
  • British Punk Rock
  • New Wave And Post-Punk
  • Psychobilly
  • Terms and Conditions
  • Privacy Policy