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Western New England Bancorp (NASDAQ:WNEB) has been downgraded from Buy to Neutral in a report by Compass Point today.

Compass Point has downgraded Western New England Bancorp (NASDAQ:WNEB) from Buy to Neutral in a report released on Wednesday October 18, 2017.

Just yesterday Western New England Bancorp (NASDAQ:WNEB) traded -4.09% lower at $11.00. Western New England Bancorp’s 50-day moving average is $10.52 and its two hundred day average is $10.26. With the last stock price close up 2.81% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Trading volume was up over the average, with 51,540 shares of WNEB changing hands over the typical 42,769

Performance Chart

Western New England Bancorp (NASDAQ:WNEB)

With a total market value of $0, Western New England Bancorp has price-earnings ratio of 24.36 with a 52 week low of $7.45 and a 52 week high of $11.10 .

Brief Synopsis On Western New England Bancorp (NASDAQ:WNEB)

Western New England Bancorp, Inc., formerly Westfield Financial, Inc., is a Massachusetts-chartered stock holding company. The Company serves as a holding company for Westfield Bank (the Bank). It is a provider of banking products and services to business organizations and individuals, including products such as residential and commercial loans, consumer loans and a variety of deposit products. It focuses on residential real estate lending, as well as servicing commercial customers, including commercial and industrial lending and commercial deposit relationships. In addition, it provides online banking services. It operates through over 21 banking offices located in Agawam, Chicopee, East Longmeadow, Feeding Hills, Holyoke, Ludlow, Southwick, Springfield, Ware, West Springfield and Westfield, Massachusetts, and Granby and Enfield, Connecticut. It also has over 10 automated teller machine (ATM) locations in Holyoke, Southwick, Springfield, West Springfield and Westfield, Massachusetts.

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