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ValuEngine downgraded Select Bancorp Inc (NASDAQ:SLCT) to Hold in a statement released earlier today.

ValuEngine has downgraded Select Bancorp Inc (NASDAQ:SLCT) to Hold in a statement released on 07/07/2017.

On 6/14/2017, Zacks Investment Research released a statement on Select Bancorp Inc (NASDAQ:SLCT) increased the target price from $0.00 to $13.00. At the time, this indicated a possible upside of 0.07%.

Just yesterday Select Bancorp Inc (NASDAQ:SLCT) traded -1.66% lower at $12.60. The company’s 50-day moving average is $11.96 and its 200-day moving average is $11.44. The last stock close price is up -1.56% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 18,831 shares of the stock were exchanged, up from an average trading volume of 11,153

Performance Chart

Select Bancorp Inc (NASDAQ:SLCT)

With a total market value of $0, Select Bancorp Inc has price-earnings ratio of 19.41 with a one year low of $7.78 and a one year high of $12.75 .

Brief Synopsis About Select Bancorp Inc (NASDAQ:SLCT)

Select Bancorp, Inc. is the bank holding company for Select Bank & Trust Company (the Bank). The Bank is a commercial bank. The Bank provides commercial and retail financial services to customers located in its market areas. The Bank offers a range of banking services, including checking and savings accounts, commercial, consumer, mortgage and personal loans, and other associated financial services. The Bank's lending activities are oriented to the consumer/retail customer, as well as to the small-to-medium sized businesses located in central and eastern North Carolina. The Bank offers commercial, consumer and mortgage lending products. It originates construction loans for the purpose of acquisition, development and construction of both residential and commercial properties (ADC loans). The Bank's deposits include savings, negotiable order of withdrawal (NOW) account and money market deposits, time deposits and non-interest-bearing deposits.

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