CBM Bancorp (NASDAQ:CBMB) was downgraded by investment analysts at TheStreet from a “b” rating to a “c+” rating in a research note issued to investors on Tuesday, TheStreetRatingsTable reports.
Shares of CBMB stock opened at $14.15 on Tuesday. CBM Bancorp has a 52 week low of $11.40 and a 52 week high of $15.15. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.18 and a quick ratio of 1.15. The company’s fifty day simple moving average is $14.20 and its 200-day simple moving average is $13.47.
A hedge fund recently raised its stake in CBM Bancorp stock. Morgan Stanley raised its stake in CBM Bancorp, Inc. (NASDAQ:CBMB) by 172.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 6,800 shares of the company’s stock after purchasing an additional 4,300 shares during the period. Morgan Stanley owned 0.18% of CBM Bancorp worth $83,000 as of its most recent SEC filing. 14.74% of the stock is owned by hedge funds and other institutional investors.
CBM Bancorp, Inc operates as a bank holding company for Chesapeake Bank of Maryland. Its deposit products include non-interest bearing and interest-bearing demand deposits, time deposits, money market deposits, and certificates of deposit, as well as savings and individual retirement accounts. The company's loan portfolio comprises one-to four-family residential real estate loans, nonresidential real estate loans, construction and land development loans, home equity loans and lines of credit, commercial business loans, and consumer loans.
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