Glen Burnie Bancorp (NASDAQ:GLBZ) Stock Crosses Above Two Hundred Day Moving Average of $4.87

Glen Burnie Bancorp (NASDAQ:GLBZ) 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 changing hands.

Glen Burnie Bancorp Stock Performance

The stock has a market cap of $16.21 million, a P/E ratio of 16.00 and a beta of 0.63. The stock’s fifty day moving average is $5.10 and its 200 day moving average is $4.87.

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

Glen Burnie Bancorp Dividend Announcement

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