NBN Stock Surges Amidst Positive Earnings and Mixed Analyst Ratings

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Dec 11, 2024
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Northeast Bank (NBN, Financial) experienced a notable stock surge, rising 2.44% to $100.58 per share. The trading volume was 10,400 shares with a turnover rate of 0.13% and a volatility of 1.28%. Recent financial results showed revenue of $73.78 million and a net profit of $17.11 million, translating to earnings per share of $2.17 and a P/E ratio of 13.02.

Among analysts, 50% recommend buying NBN, while 50% suggest holding, with no sell recommendations. In the banking sector, NBN outperformed the overall 0.02% decline. Other active stocks included Coastal Financial Corporation and Patriot National Bancorp.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.