MetroCorp Bancshares Inc. Hits New 52-Week High at $13.94 (MCBI)
MetroCorp Bancshares (NASDAQ:MCBI) set a new 52-week high during trading hours on Thursday, AnalystRatings.Net reports. The company traded as high as $13.94 and last traded at $13.70, with a volume of 446,448 shares. The stock had previously closed at $10.85.
Separately, analysts at Keefe, Bruyette & Woods downgraded shares of MetroCorp Bancshares (NASDAQ:MCBI) from an “outperform” rating to a “market perform” rating in a research note to investors on Tuesday, July 23rd.
MetroCorp Bancshares has a one year low of $8.70 and a one year high of $11.45. The stock has a 50-day moving average of $10.48 and a 200-day moving average of $10.3. The company has a market cap of $250.3 million and a price-to-earnings ratio of 17.73.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.74%. The ex-dividend date is Thursday, September 26th.
MetroCorp Bancshares, Inc, is a holding company for MetroBank, National Association (NASDAQ:MCBI).
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