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Enterprise Bancorp, Inc (NASDAQ:EBTC) has been upgraded to Buy in a statement by BidaskClub earlier today.

BidaskClub has upgraded Enterprise Bancorp, Inc (NASDAQ:EBTC) to Buy in a statement released on Saturday July 08, 2017.

Having a price of $36.84, Enterprise Bancorp, Inc (NASDAQ:EBTC) traded -1.49% lower on the day. With the last close up -7.75% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the same period. Enterprise Bancorp, Inc has recorded a 50-day average of $34.96 and a two hundred day average of $33.61. Volume of trade was down over the average, with 6,349 shares of EBTC changing hands under the typical 15,139

Performance Chart

Enterprise Bancorp, Inc (NASDAQ:EBTC)

With a total market value of $0, Enterprise Bancorp, Inc has price-earnings ratio of 17.21 with a one year low of $22.77 and a one year high of $39.25 .

More About Enterprise Bancorp, Inc (NASDAQ:EBTC)

Enterprise Bancorp, Inc. operates as the holding company of Enterprise Bank and Trust Company (the Bank). The Company is engaged in the business of gathering deposits from the general public and investing primarily in loans and investment securities and utilizing the resulting cash flows to conduct operations, expand the branch network, and pay dividends to stockholders. Through the Bank and its subsidiaries, the Company offers a range of commercial and consumer loan products, deposit products and cash management services. The Company also offers investment advisory and wealth management, trust and insurance services. The Company offers lending services to business entities, non-profit organizations, professionals and individuals. Loans made to businesses include commercial mortgage loans; construction and land development loans; secured and unsecured commercial loans; lines of credit, and standby letters of credit.

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