Patriot National Bancorp (NASDAQ:PNBK) Trading Up 21.3% – Should You Buy?

Patriot National Bancorp, Inc. (NASDAQ:PNBKGet Free Report)’s stock price traded up 21.3% during trading on Tuesday . The stock traded as high as $3.11 and last traded at $2.68. 219,901 shares traded hands during mid-day trading, an increase of 934% from the average session volume of 21,276 shares. The stock had previously closed at $2.21.

Patriot National Bancorp Price Performance

The company has a market capitalization of $10.66 million, a PE ratio of -0.36 and a beta of 0.43. The company has a current ratio of 0.99, a quick ratio of 0.97 and a debt-to-equity ratio of 6.83. The stock has a fifty day simple moving average of $1.83 and a 200-day simple moving average of $1.85.

Patriot National Bancorp Company Profile

(Get Free Report)

Patriot National Bancorp, Inc operates as the holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company accepts consumer and commercial deposit accounts, such as checking, interest-bearing negotiable order of withdrawal, money market, time certificates of deposit, savings, prepaid deposit, on-line national money market, individual retirement accounts, and health savings accounts, as well as certificate of deposit account registry service.

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