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Bar Harbor Bankshares (NYSE:BHB) Trading 1.3% Higher

Financial News Live ·  Aug 3, 2022 11:11

Bar Harbor Bankshares (NYSE:BHB – Get Rating)'s share price traded up 1.3% during trading on Monday . The company traded as high as $29.38 and last traded at $29.34. 17,721 shares were traded during mid-day trading, a decline of 20% from the average session volume of 22,148 shares. The stock had previously closed at $28.97.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Bar Harbor Bankshares from a "buy" rating to a "hold" rating in a research note on Monday, June 27th.

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Bar Harbor Bankshares Stock Down 1.5 %

The company has a debt-to-equity ratio of 0.44, a current ratio of 0.90 and a quick ratio of 0.90. The firm has a market capitalization of $433.79 million, a PE ratio of 10.75 and a beta of 0.87. The business's 50 day moving average is $26.63.

Bar Harbor Bankshares Company Profile

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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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