Equities researchers at StockNews.com assumed coverage on shares of American National Bankshares (NASDAQ:AMNB – Get Free Report) in a research report issued on Friday. The brokerage set a “sell” rating on the financial services provider’s stock.
American National Bankshares Stock Performance
AMNB opened at $47.76 on Friday. The firm has a market capitalization of $507.69 million, a P/E ratio of 19.49 and a beta of 0.91. The stock’s 50 day moving average price is $46.52 and its two-hundred day moving average price is $44.82. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.08. American National Bankshares has a 12-month low of $25.26 and a 12-month high of $50.76.
American National Bankshares (NASDAQ:AMNB – Get Free Report) last announced its quarterly earnings data on Tuesday, January 23rd. The financial services provider reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.31). American National Bankshares had a return on equity of 7.88% and a net margin of 18.88%. The firm had revenue of $36.27 million during the quarter. On average, equities analysts forecast that American National Bankshares will post 2.6 earnings per share for the current year.
Hedge Funds Weigh In On American National Bankshares
About American National Bankshares
As of April 1, 2024, American National Bankshares Inc was acquired by Atlantic Union Bankshares Corporation. American National Bankshares Inc operates as the bank holding company for American National Bank and Trust Company that engages in the provision of financial products and services. The company operates through two segments: Community Banking and Wealth Management.
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