RBB Bancorp (NASDAQ:RBB) shares hit a new 52-week high and low during trading on Friday . The stock traded as low as $28.00 and last traded at $27.92, with a volume of 3442 shares trading hands. The stock had previously closed at $27.81.
RBB has been the subject of several research analyst reports. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $30.00 price target on shares of RBB Bancorp in a report on Friday, December 22nd. Zacks Investment Research downgraded shares of RBB Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, December 27th.
The company has a current ratio of 1.12, a quick ratio of 1.03 and a debt-to-equity ratio of 0.20.
RBB Bancorp (NASDAQ:RBB) last announced its quarterly earnings results on Monday, January 22nd. The company reported $0.43 earnings per share (EPS) for the quarter. The company had revenue of $21.69 million for the quarter. analysts anticipate that RBB Bancorp will post 2 earnings per share for the current year.
In related news, EVP Tsu Te Huang sold 34,746 shares of the stock in a transaction on Friday, March 16th. The stock was sold at an average price of $26.46, for a total value of $919,379.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Stifel Financial Corp acquired a new stake in RBB Bancorp in the third quarter valued at $644,000. Spark Investment Management LLC acquired a new stake in RBB Bancorp in the fourth quarter valued at $216,000. Strs Ohio increased its holdings in RBB Bancorp by 772.7% in the fourth quarter. Strs Ohio now owns 9,600 shares of the company’s stock valued at $262,000 after purchasing an additional 8,500 shares during the period. Chicago Equity Partners LLC acquired a new stake in RBB Bancorp in the fourth quarter valued at $245,000. Finally, WP Advisors LLC acquired a new stake in RBB Bancorp in the fourth quarter valued at $442,000. Institutional investors and hedge funds own 25.14% of the company’s stock.
TRADEMARK VIOLATION NOTICE: “RBB Bancorp (RBB) Sets New 12-Month High and Low at $28.00” was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of United States & international trademark & copyright laws. The original version of this piece can be accessed at https://www.dispatchtribunal.com/2018/04/08/rbb-bancorp-rbb-sets-new-12-month-high-and-low-at-28-00.html.
About RBB Bancorp
RBB Bancorp (the Bank) is a bank holding company with the principal business to serve as the holding company for its wholly-owned banking subsidiaries, including Royal Business Bank (Bank) and RBB Asset Management Company (RAM). The Company operates Royal Business Bank, which is a California state-chartered commercial bank.
Receive News & Ratings for RBB Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RBB Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.