Zacks Investment Research upgraded S & T Bancorp Inc (NASDAQ:STBA) to Hold in a report released today.
- Updated: September 24, 2016
Zacks Investment Research has upgraded S & T Bancorp Inc (NASDAQ:STBA) to Hold in a statement released on Thursday September 22, 2016.
Boasting a price of $28.58, S & T Bancorp Inc (NASDAQ:STBA) traded -0.69% lower on the day. The last stock price is up 11.49% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. The company has recorded a 50-day moving average of $27.94 and a 200-day moving average of $26.00. 54,738 shares of the stock were exchanged, down from an average trading volume of 60,098
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S & T Bancorp Inc has a price-earnings ratio of 14.58 with a one year low of $23.06 and a one year high of $34.00 STBA’s market cap is currently $0.
About S & T Bancorp Inc (NASDAQ:STBA)
S&T Bancorp, Inc. (S&T) is a bank holding company. The Company operates through its three subsidiaries: S&T Bank, 9th Street Holdings, Inc. and STBA Capital Trust I. S&T operates in three segments: Community Banking, Wealth Management and Insurance. The Company's community banking segment offers services, which include accepting time and demand deposits, and originating commercial and consumer loans. The Company's Wealth Management segment offers discount brokerage services, services as executor and trustee under wills and deeds, guardian and custodian of employee benefits and other trust and brokerage services, as well as a registered investment advisor that manages private investment accounts for individuals and institutions. The Company's insurance segment includes an insurance agency offering commercial property and casualty insurance, group life and health coverage, employee benefit solutions and personal insurance lines.
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