Blue Ridge Bankshares (NASDAQ:BRBS) Stock Price Up 3.4%

Blue Ridge Bankshares, Inc. (NASDAQ:BRBSGet Free Report)’s share price traded up 3.4% during mid-day trading on Tuesday . The company traded as high as $2.74 and last traded at $2.74. 52,556 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 81,762 shares. The stock had previously closed at $2.65.

Blue Ridge Bankshares Stock Up 3.4 %

The business has a fifty day simple moving average of $3.00 and a two-hundred day simple moving average of $4.64. The company has a current ratio of 0.98, a quick ratio of 0.95 and a debt-to-equity ratio of 1.39. The company has a market cap of $52.58 million, a PE ratio of -0.80 and a beta of 0.57.

Hedge Funds Weigh In On Blue Ridge Bankshares

Institutional investors have recently added to or reduced their stakes in the stock. Strs Ohio purchased a new stake in Blue Ridge Bankshares during the second quarter worth about $328,000. Fourthstone LLC increased its stake in Blue Ridge Bankshares by 26.1% during the second quarter. Fourthstone LLC now owns 1,342,768 shares of the company’s stock worth $11,883,000 after purchasing an additional 278,326 shares during the period. EA Series Trust purchased a new stake in Blue Ridge Bankshares during the 2nd quarter worth about $368,000. Deutsche Bank AG increased its holdings in Blue Ridge Bankshares by 42.7% during the 3rd quarter. Deutsche Bank AG now owns 16,586 shares of the company’s stock worth $75,000 after purchasing an additional 4,965 shares during the period. Finally, UBS Group AG purchased a new stake in Blue Ridge Bankshares during the 4th quarter worth about $59,000. Hedge funds and other institutional investors own 38.33% of the company’s stock.

About Blue Ridge Bankshares

(Get Free Report)

Blue Ridge Bankshares, Inc operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit.

Featured Articles

Receive News & Ratings for Blue Ridge Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Ridge Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.