Virginia Commerce Bancorp Hits New 52-Week High at $16.03 (VCBI)
Shares of Virginia Commerce Bancorp (NASDAQ:VCBI) hit a new 52-week high during mid-day trading on Friday, ARN reports. The stock traded as high as $16.03 and last traded at $16.01, with a volume of 27,340 shares trading hands. The stock had previously closed at $15.69.
VCBI has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Virginia Commerce Bancorp from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, September 30th. They now have a $16.70 price target on the stock.
Virginia Commerce Bancorp has a 52 week low of $8.38 and a 52 week high of $16.13. The stock has a 50-day moving average of $15.36 and a 200-day moving average of $14.43. The company has a market cap of $527.3 million and a price-to-earnings ratio of 21.76.
Virginia Commerce Bancorp (NASDAQ:VCBI) last announced its earnings results on Wednesday, July 24th. The company reported $0.22 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.20 by $0.02. Analysts expect that Virginia Commerce Bancorp will post $0.84 EPS for the current fiscal year.
Virginia Commerce Bancorp, Inc is the holding company for Virginia Commerce Bank (NASDAQ:VCBI).
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