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VersaBank (TSE:VB) Shares Down 0.4%

Financial News Live ·  Jan 17, 2023 00:41

Shares of VersaBank (TSE:VB – Get Rating) dropped 0.4% on Monday . The company traded as low as C$13.65 and last traded at C$14.64. Approximately 39,436 shares traded hands during trading, an increase of 285% from the average daily volume of 10,241 shares. The stock had previously closed at C$14.70.

VersaBank Trading Down 0.4 %

The stock has a market cap of C$401.74 million and a price-to-earnings ratio of 15.31. The stock's 50-day simple moving average is C$14.64.

VersaBank Company Profile

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VersaBank, a schedule I chartered bank, provides banking products and services in Canada. The company offers deposit products, such as guaranteed investment certificates, registered retirement savings plans, daily interest savings accounts, and tax-free savings accounts, as well as deposit insurance; and commercial lending services, including short-term construction financing, long-term financing, and loan refinance and lease buy out to real estate developers and condominium corporations in selective niche markets.

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