Glacier Bancorp, Inc. (NASDAQ:GBCI) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: November 28, 2016
Zacks Investment Research has downgraded Glacier Bancorp, Inc. (NASDAQ:GBCI) to Sell in a statement released on Monday November 28, 2016.
Boasting a price of $33.96, Glacier Bancorp, Inc. (NASDAQ:GBCI) traded -2.86% lower on the day. With the last stock price close up 20.29% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Glacier Bancorp, Inc. has recorded a 50-day average of $29.99 and a two hundred day average of $28.23. Volume of trade was down over the average, with 0 shares of GBCI changing hands under the typical 311,108
With a total market value of $0, Glacier Bancorp, Inc. has price-earnings ratio of 21.63 with a one year low of $21.90 and a one year high of $34.97 .
More About Glacier Bancorp, Inc. (NASDAQ:GBCI)
Glacier Bancorp, Inc. is a bank holding company. The Company provides commercial banking services. It provides banking services from approximately 140 locations in Montana, Idaho, Wyoming, Colorado, Utah and Washington through its bank subsidiary, Glacier Bank (the Bank). The Company offers a range of banking products and services, including transaction and savings deposits, real estate, commercial, agriculture, and consumer loans and mortgage origination services. The Company serves individuals, small to medium-sized businesses, community organizations and public entities. The Company's non-bank subsidiaries include GBCI Other Real Estate Owned (GORE) and over seven trust subsidiaries. The Company provides brokerage services, which include selling products, such as stocks, bonds, mutual funds, limited partnerships, annuities and other insurance products through Raymond James Financial Services.
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