Royal Bancshares Of Pennsylvan Director Purchases $101,400 in Stock (RBPAA)
Royal Bancshares Of Pennsylvan (NASDAQ:RBPAA) Director William R. Hartman bought 65,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 15th. The stock was purchased at an average price of $1.56 per share, for a total transaction of $101,400.00. Following the purchase, the director now directly owns 200,880 shares in the company, valued at approximately $313,373. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Separately, analysts at TheStreet downgraded shares of Royal Bancshares Of Pennsylvan from a “hold” rating to a “sell” rating in a research note on Tuesday, July 8th.
Shares of Royal Bancshares Of Pennsylvan (NASDAQ:RBPAA) traded up 0.66% during mid-day trading on Thursday, hitting $1.52. The stock had a trading volume of 132,764 shares. Royal Bancshares Of Pennsylvan has a 52 week low of $1.30 and a 52 week high of $3.88. The stock’s 50-day moving average is $1.84 and its 200-day moving average is $2.28. The company has a market cap of $20.9 million and a price-to-earnings ratio of 6.51.
Royal Bancshares of Pennsylvania, Inc is a Pennsylvania business corporation and a bank holding company.
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