Additionally, the 36-month beta value for BRBS is 0.69.
The public float for BRBS is 43.41M and currently, short sellers hold a 2.60% ratio of that float. The average trading volume of BRBS on September 20, 2024 was 208.27K shares.
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BRBS) stock’s latest price update
Blue Ridge Bankshares Inc (VA) (AMEX: BRBS)’s stock price has gone rise by 2.54 in comparison to its previous close of 2.76, however, the company has experienced a 5.20% increase in its stock price over the last five trading days. prnewswire.com reported 2024-07-25 that Completed capital raise of $161.6 million in private placement, to help fund business transformation Company on-track to exit its fintech depository operations Bank capital levels meet enhanced regulatory minimum capital ratios RICHMOND, Va., July 25, 2024 /PRNewswire/ — Blue Ridge Bankshares, Inc. (the “Company”) (NYSE American: BRBS), the holding company of Blue Ridge Bank, National Association (“Blue Ridge Bank” or the “Bank”) and BRB Financial Group, Inc. (“BRB Financial Group”), today announced financial results for the quarter ended June 30, 2024.
BRBS’s Market Performance
Blue Ridge Bankshares Inc (VA) (BRBS) has seen a 5.20% rise in stock performance for the week, with a 2.91% gain in the past month and a -1.05% plunge in the past quarter. The volatility ratio for the week is 3.22%, and the volatility levels for the past 30 days are at 3.36% for BRBS. The simple moving average for the last 20 days is 2.72% for BRBS’s stock, with a simple moving average of 2.04% for the last 200 days.
BRBS Trading at 4.12% from the 50-Day Moving Average
After a stumble in the market that brought BRBS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -59.57% of loss for the given period.
Volatility was left at 3.36%, however, over the last 30 days, the volatility rate increased by 3.22%, as shares surge +0.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.99% upper at present.
During the last 5 trading sessions, BRBS rose by +5.20%, which changed the moving average for the period of 200-days by +5.99% in comparison to the 20-day moving average, which settled at $2.76. In addition, Blue Ridge Bankshares Inc (VA) saw -6.60% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BRBS
Current profitability levels for the company are sitting at:
- -0.36 for the present operating margin
- 1.0 for the gross margin
The net margin for Blue Ridge Bankshares Inc (VA) stands at -0.35. The total capital return value is set at -0.04. Equity return is now at value -22.07, with -2.00 for asset returns.
Based on Blue Ridge Bankshares Inc (VA) (BRBS), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at -0.02. The debt to equity ratio resting at 0.75. The interest coverage ratio of the stock is -0.95.
Currently, EBITDA for the company is 1.29 million with net debt to EBITDA at -2.69. When we switch over and look at the enterprise to sales, we see a ratio of 1.93. The receivables turnover for the company is 12.24for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.12.
Conclusion
In conclusion, Blue Ridge Bankshares Inc (VA) (BRBS) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.