Glen Burnie Bancorp (NASDAQ:GLBZ) Share Price Passes Above Two Hundred Day Moving Average of $4.87

Glen Burnie Bancorp (NASDAQ:GLBZ)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.87 and traded as high as $5.75. Glen Burnie Bancorp shares last traded at $5.60, with a volume of 6,865 shares traded.

Glen Burnie Bancorp Stock Down 1.1 %

The stock’s 50 day moving average price is $5.10 and its 200-day moving average price is $4.87. The stock has a market capitalization of $16.21 million, a PE ratio of 16.00 and a beta of 0.63.

Glen Burnie Bancorp (NASDAQ:GLBZ) last issued its earnings results on Friday, July 26th. The financial services provider reported ($0.07) EPS for the quarter. Glen Burnie Bancorp had a return on equity of 3.04% and a net margin of 3.41%. The company had revenue of $3.03 million during the quarter.

Glen Burnie Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 5th. Shareholders of record on Monday, July 22nd were issued a dividend of $0.10 per share. The ex-dividend date was Monday, July 22nd. This represents a $0.40 annualized dividend and a yield of 7.14%. Glen Burnie Bancorp’s payout ratio is currently 114.29%.

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.