REVERE BK LAURE/SH SH (OTCMKTS:REVB) Trading 0.1% Higher

REVERE BK LAURE/SH SH (OTCMKTS:REVB)’s share price traded up 0.1% during mid-day trading on Thursday . The company traded as high as $35.00 and last traded at $34.88, 27,150 shares changed hands during trading. A decline of 61% from the average session volume of 69,364 shares. The stock had previously closed at $34.85.

A number of equities research analysts recently issued reports on the stock. Janney Montgomery Scott downgraded shares of REVERE BK LAURE/SH SH to a “hold” rating in a research note on Tuesday, September 24th. ValuEngine raised shares of REVERE BK LAURE/SH SH from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd.

The firm has a market cap of $422.62 million and a PE ratio of 13.84. The company’s 50 day moving average price is $31.89 and its two-hundred day moving average price is $29.44.

REVERE BK LAURE/SH SH (OTCMKTS:REVB) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.02. The business had revenue of $23.60 million for the quarter, compared to analysts’ expectations of $23.32 million. On average, equities research analysts expect that REVERE BK LAURE/SH SH will post 2.63 earnings per share for the current year.

About REVERE BK LAURE/SH SH (OTCMKTS:REVB)

Revere Bank provides business and personal banking services. Its business banking services include checking accounts, savings accounts, escrow accounts, check cards, commercial loans, and cash management services. The company's personal banking services include checking accounts, savings accounts, check cards, and loans.

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