Provident Bancorp Inc (NASDAQ:PVBC) currently has a daily average trading volume of 103.19K but it saw 465544 shares traded in last market. With a market cap of 207.80M USD, the company’s current market price of $11.81 came rising about 0.60 while comparing to the previous closing price of $11.74. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.96 and as low as $9.48. In the recent trading on the day, stock has struck highest price mark of $11.66 while lowest mark touched by it was $11.85.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Stephens which downgraded the stock as “Equal-Weight” in its note to investors issued on November 16, 2022, recommending a price target of between $18 and $12 for it. Piper Sandler issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $14.50 and $18.
Over the week, PVBC’s stock price is moving -0.67% down while it is 4.51% when we observe its performance for the past one month. Year-to-date it is 3.60% up and over the past year, the stock is showing an upside performance of 23.02%.
Currently, Provident Bancorp Inc’s total number of outstanding shares is 17.79M. Company’s return on investment (ROI) stands at 1.84% and return on equity (ROE) at 1.93%. It has a price to earnings ratio (P/E ratio) of 45.02 while having a 18.17 of forward P/E ratio. Stock’s beta reads 0.29. Stock has a price to book (P/B) ratio of 0.90 while price to sale or P/S ratio amounts to 2.21. Its return on asset (ROA) is 0.28% on average.
