Glen Burnie Bancorp (NASDAQ:GLBZ) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Glen Burnie Bancorp (NASDAQ:GLBZ)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $5.12 and traded as high as $5.95. Glen Burnie Bancorp shares last traded at $5.85, with a volume of 1,776 shares.

Glen Burnie Bancorp Stock Performance

The business has a 50-day simple moving average of $5.77 and a 200 day simple moving average of $5.12. The firm has a market cap of $16.97 million, a P/E ratio of 195.07 and a beta of 0.62.

Glen Burnie Bancorp (NASDAQ:GLBZ) last announced its quarterly earnings results on Thursday, October 31st. The financial services provider reported $0.04 EPS for the quarter. The company had revenue of $3.18 million during the quarter. Glen Burnie Bancorp had a return on equity of 0.50% and a net margin of 0.60%.

Glen Burnie Bancorp Company Profile

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit.