Zacks Investment Research upgraded Merchants Bancshares,Inc. (NASDAQ:MBVT) to Hold in a report released today.
- Updated: September 22, 2016
Just yesterday Merchants Bancshares,Inc. (NASDAQ:MBVT) traded 0.43% higher at $32.79. Merchants Bancshares,Inc.’s 50-day moving average is $32.63 and its 200-day moving average is $30.88. The last closing price is up 6.19% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 4,928 shares of MBVT traded hands, down from an average trading volume of 11,600
Zacks Investment Research has upgraded Merchants Bancshares,Inc. (NASDAQ:MBVT) to Hold in a report released on Thursday September 22, 2016.
Recent Performance Chart
Merchants Bancshares,Inc. has 52 week low of $27.00 and a 52 week high of $34.00 with a P/E ratio of 15.56 and has a market cap of $0.
General Information About Merchants Bancshares,Inc. (NASDAQ:MBVT)
Merchants Bancshares, Inc. is a bank holding company. The Company's subsidiary, Merchants Bank (the Bank) is a commercial bank. The Bank offers a range of deposit, loan, cash management and trust services to meet the financial needs of individual consumers, businesses and municipalities. The Bank operates approximately 30 full-service banking offices and over 40 automated teller machines (ATMs) located across the state of Vermont, and a full-service banking office in Massachusetts. Merchants Bank's trust division offers investment management, financial planning and trustee services. The Bank offers commercial, financial and agricultural loans, municipal loans, residential real estate loans, commercial real estate loans, construction real estate loans and consumer installment loans for various personal needs, including vehicle and boat financing. The Bank classifies certain of its investments in debt securities as securities available for sale and securities held to maturity.
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