CBM Bancorp (NASDAQ:CBMB) was downgraded by equities researchers at TheStreet from a “b” rating to a “c+” rating in a research note issued on Tuesday, TheStreetRatingsTable reports.
CBMB opened at $14.15 on Tuesday. CBM Bancorp has a twelve month low of $11.40 and a twelve month high of $15.15. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.15 and a current ratio of 1.18. The business has a 50 day moving average price of $14.20 and a 200 day moving average price of $13.47.
A hedge fund recently raised its stake in CBM Bancorp stock. Morgan Stanley grew its holdings in CBM Bancorp, Inc. (NASDAQ:CBMB) by 172.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,800 shares of the company’s stock after buying an additional 4,300 shares during the quarter. Morgan Stanley owned 0.18% of CBM Bancorp worth $83,000 as of its most recent filing with the SEC. 14.74% of the stock is owned by institutional investors.
CBM Bancorp, Inc operates as a bank holding company for Chesapeake Bank of Maryland. Its deposit products include non-interest bearing and interest-bearing demand deposits, time deposits, money market deposits, and certificates of deposit, as well as savings and individual retirement accounts. The company's loan portfolio comprises one-to four-family residential real estate loans, nonresidential real estate loans, construction and land development loans, home equity loans and lines of credit, commercial business loans, and consumer loans.
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