Parke Bancorp Price Performance
NASDAQ:PKBK opened at $22.68 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.18 and a quick ratio of 1.18. Parke Bancorp has a one year low of $19.85 and a one year high of $25.85. The company has a fifty day moving average price of $22.16 and a 200 day moving average price of $23.21. The stock has a market cap of $270.19 million, a P/E ratio of 6.65 and a beta of 0.81.
Parke Bancorp (NASDAQ:PKBK – Get Rating) last released its earnings results on Wednesday, July 20th. The bank reported $0.88 earnings per share for the quarter. Parke Bancorp had a net margin of 46.34% and a return on equity of 17.82%. The business had revenue of $20.49 million during the quarter.
Insider Buying and Selling
Institutional Trading of Parke Bancorp
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cutler Capital Management LLC raised its stake in shares of Parke Bancorp by 2.5% during the first quarter. Cutler Capital Management LLC now owns 286,048 shares of the bank’s stock worth $6,754,000 after buying an additional 7,003 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Parke Bancorp by 5.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 284,378 shares of the bank’s stock worth $6,714,000 after purchasing an additional 13,547 shares during the last quarter. Siena Capital Partners GP LLC grew its stake in shares of Parke Bancorp by 20.4% during the second quarter. Siena Capital Partners GP LLC now owns 144,817 shares of the bank’s stock worth $3,035,000 after purchasing an additional 24,491 shares during the period. Morgan Dempsey Capital Management LLC bought a new stake in Parke Bancorp in the first quarter valued at about $1,554,000. Finally, Commonwealth Equity Services LLC lifted its stake in Parke Bancorp by 184.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 55,516 shares of the bank’s stock valued at $1,181,000 after buying an additional 36,022 shares during the period. 37.18% of the stock is owned by institutional investors.
Parke Bancorp Company Profile
Parke Bancorp, Inc operates as the bank holding company for Parke Bank that provides personal and business financial services to individuals and small to mid-sized businesses. The company offers various deposit products, including checking, savings, time, money market, and individual retirement accounts, as well as certificates of deposit.
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