John S. Fitzgerald Purchases 976 Shares of Magyar Bancorp, Inc. (MGYR) Stock
Magyar Bancorp, Inc. (NASDAQ:MGYR) insider John S. Fitzgerald purchased 976 shares of Magyar Bancorp stock in a transaction that occurred on Friday, December 1st. The stock was acquired at an average cost of $12.81 per share, with a total value of $12,502.56. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Shares of Magyar Bancorp, Inc. (MGYR) traded up $0.29 during trading hours on Tuesday, reaching $13.10. The company’s stock had a trading volume of 800 shares, compared to its average volume of 2,164. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.66. Magyar Bancorp, Inc. has a fifty-two week low of $10.61 and a fifty-two week high of $14.95. The company has a market cap of $74.54, a PE ratio of 53.36 and a beta of -0.09.
Magyar Bancorp (NASDAQ:MGYR) last issued its quarterly earnings data on Thursday, November 2nd. The bank reported $0.08 earnings per share for the quarter. Magyar Bancorp had a return on equity of 2.95% and a net margin of 5.93%. The business had revenue of $5.32 million for the quarter.
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Magyar Bancorp Company Profile
Magyar Bancorp, Inc is a holding company of Magyar Bank (the Bank). The Bank’s principal business consists of attracting retail deposits from the public in the areas surrounding its main office in New Brunswick, New Jersey and its branch offices located in Middlesex and Somerset Counties, New Jersey.
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