The stock of Blue Ridge Bankshares Inc (VA) (BRBS) has seen a 1.69% increase in the past week, with a 27.21% gain in the past month, and a 26.32% flourish in the past quarter. The volatility ratio for the week is 3.88%, and the volatility levels for the past 30 days are at 4.71% for BRBS. The simple moving average for the last 20 days is 11.99% for BRBS stock, with a simple moving average of 30.04% for the last 200 days.
Is It Worth Investing in Blue Ridge Bankshares Inc (VA) (AMEX: BRBS) Right Now?
The 36-month beta value for BRBS is at 0.73.
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The public float for BRBS is 41.26M, and currently, shorts hold a 2.40% of that float. The average trading volume for BRBS on November 21, 2024 was 477.86K shares.
BRBS) stock’s latest price update
Blue Ridge Bankshares Inc (VA) (AMEX: BRBS)’s stock price has increased by 1.12 compared to its previous closing price of 3.56. However, the company has seen a 1.69% increase in its stock price over the last five trading sessions. prnewswire.com reported 2024-10-29 that Performance reflects improvement across a range of metrics such as deposit growth, noninterest expense reduction, and nonperforming asset reduction Bank to complete exit from fintech banking-as-a-service depository operations by the end of 2024 Regulatory remediation efforts on track RICHMOND, Va., Oct. 29, 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 and year-to-date period ended September 30, 2024.
BRBS Trading at 21.87% 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 -9.77% of loss for the given period.
Volatility was left at 4.71%, however, over the last 30 days, the volatility rate increased by 3.88%, as shares surge +25.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +35.69% upper at present.
During the last 5 trading sessions, BRBS rose by +3.11%, which changed the moving average for the period of 200-days by +42.02% in comparison to the 20-day moving average, which settled at $3.22. In addition, Blue Ridge Bankshares Inc (VA) saw 18.81% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BRBS
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 1.1 for the gross margin
The net margin for Blue Ridge Bankshares Inc (VA) stands at -0.11. The total capital return value is set at -0.01. Equity return is now at value -7.37, with -0.62 for asset returns.
Based on Blue Ridge Bankshares Inc (VA) (BRBS), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 0.68. The interest coverage ratio of the stock is -0.28.
Currently, EBITDA for the company is -57.55 million with net debt to EBITDA at 2.78. When we switch over and look at the enterprise to sales, we see a ratio of 1.34. The receivables turnover for the company is 12.58for 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 0.25.
Conclusion
In conclusion, Blue Ridge Bankshares Inc (VA) (BRBS) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
