Shares of Bar Harbor Bankshares (NYSE:BHB – Get Rating) rose 1.3% during mid-day trading on Monday . The stock traded as high as $29.38 and last traded at $29.34. Approximately 17,721 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 22,148 shares. The stock had previously closed at $28.97.
Analyst Ratings Changes
Separately, StockNews.com lowered shares of Bar Harbor Bankshares from a "buy" rating to a "hold" rating in a research note on Monday, June 27th.
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The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.90 and a current ratio of 0.90. The firm's 50 day simple moving average is $26.57. The firm has a market capitalization of $440.48 million, a price-to-earnings ratio of 10.95 and a beta of 0.87.
About Bar Harbor Bankshares
(Get Rating)Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides commercial, lending, retail, and wealth management banking services. It accepts various deposit products, including interest-bearing and non-interest-bearing demand accounts, savings accounts, time deposits, and money market deposit accounts, as well as certificates of deposit.
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