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Shares of Sun Bancorp Inc. (New Jersey) (NASDAQ:SNBC) reached a new 52-week high on Thursday , AnalystRatingsNetwork reports. The stock traded as high as $4.38 and last traded at $4.28, with a volume of 230,303 shares traded. The stock had previously closed at $4.09.

Separately, analysts at Sandler O’Neill downgraded shares of Sun Bancorp Inc. (New Jersey) from a “buy” rating to a “hold” rating in a research note on Monday, June 16th.

The stock has a 50-day moving average of $3.83 and a 200-day moving average of $3.61. The company’s market cap is $371.8 million.

Sun Bancorp Inc. (New Jersey) (NASDAQ:SNBC) last announced its earnings results on Wednesday, April 23rd. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01. Analysts expect that Sun Bancorp Inc. will post $-0.02 EPS for the current fiscal year.

Sun Bancorp, Inc is a bank holding company. The Company’s principal subsidiary is Sun National Bank (NASDAQ:SNBC).

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