Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) Director James S. Abernethy sold 1,000 shares of the company’s stock in a transaction on Monday, February 5th. The stock was sold at an average price of $31.01, for a total transaction of $31,010.00. Following the transaction, the director now owns 64,157 shares of the company’s stock, valued at $1,989,508.57. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of Peoples Bancorp of North Carolina, Inc. (PEBK) traded down $0.94 during trading hours on Monday, hitting $30.56. 3,368 shares of the stock traded hands, compared to its average volume of 3,440. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.88 and a quick ratio of 0.88. Peoples Bancorp of North Carolina, Inc. has a 52 week low of $21.61 and a 52 week high of $39.73.
Separately, ValuEngine downgraded shares of Peoples Bancorp of North Carolina from a “buy” rating to a “hold” rating in a report on Friday, December 1st.
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About Peoples Bancorp of North Carolina
Peoples Bancorp of North Carolina, Inc is a holding company for Peoples Bank (the Bank). The Bank is a state-chartered commercial bank, which serves the citizens and business interests of the Catawba Valley and surrounding communities. The Bank has approximately 20 banking offices located in Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Monroe, Cornelius, Mooresville Raleigh and North Carolina.
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