Berkshire Bancorp (OTCMKTS:BERK) Share Price Crosses Above Fifty Day Moving Average of $13.12

Berkshire Bancorp Inc (OTCMKTS:BERK) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $13.12 and traded as high as $12.85. Berkshire Bancorp shares last traded at $12.85, with a volume of 100 shares changing hands.

Separately, ValuEngine downgraded shares of Berkshire Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st.

The business’s 50-day simple moving average is $13.11 and its 200 day simple moving average is $13.12.

About Berkshire Bancorp (OTCMKTS:BERK)

Berkshire Bancorp Inc operates as the bank holding company for The Berkshire Bank that provides community banking services primarily to businesses, professionals, and retail customers. The company offers various deposit products, including statement savings accounts, NOW accounts, money market deposits accounts, checking accounts, and certificates of deposit.

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