Spotting A Winner: Brookline Bancorp, Inc (NASDAQ: BRKL) Advances 1.51 And It Still Have Room To Run

Brookline Bancorp, Inc (NASDAQ:BRKL) currently has a daily average trading volume of 536.48K but it saw 874932 shares traded in last market. With a market cap of 967.97M USD, the company’s current market price of $10.76 came rising about 1.51 while comparing to the previous closing price of $10.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.15 and as low as $8.01.

Taking a look at 20-day trading activity of Brookline Bancorp, Inc (BRKL) gives us an average price of $10.22, while its current price level is -18.17% below from 52-week high level whereas it is 34.33% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.61 while that of 200 days or SMA-200 reads an average of $11.03. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.85% during that period while stretching the period over a month that increases to 3.34%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.75 which implies that the stock is in neutral territory.

Raymond James upgraded its recommendation for the stock as a “Strong Buy” from “Mkt Perform” on December 20, 2024 while assigning a price target of $16. Keefe Bruyette issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $12 and $14.50.

Over the week, BRKL’s stock price is moving 2.67% up while it is 11.73% when we observe its performance for the past one month. Year-to-date it is -8.81% down and over the past year, the stock is showing an upside performance of 21.58%.

Currently, Brookline Bancorp, Inc’s total number of outstanding shares is 89.10M with 2.70% of that held by the insiders while 84.46% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.14% and return on equity (ROE) at 6.01%. It has a price to earnings ratio (P/E ratio) of 13.20 while having a 4.73 of forward P/E ratio. Stock’s beta reads 0.89. Stock has a price to book (P/B) ratio of 0.77 while price to sale or P/S ratio amounts to 1.49. Its return on asset (ROA) is 0.63% on average.