Community Bankers Trust (NASDAQ:ESXB) Share Price Passes Below 50-Day Moving Average of $7.60

Community Bankers Trust Corp (NASDAQ:ESXB)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $7.60 and traded as low as $7.74. Community Bankers Trust shares last traded at $7.74, with a volume of 245 shares changing hands.

Separately, Brean Capital reissued a “buy” rating on shares of Community Bankers Trust in a report on Monday, March 18th.

The stock’s fifty day simple moving average is $7.60.

Community Bankers Trust (NASDAQ:ESXB) last released its quarterly earnings data on Friday, April 26th. The financial services provider reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. The business had revenue of $13.14 million for the quarter, compared to the consensus estimate of $13.10 million.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 21st will be issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date is Thursday, June 20th. Community Bankers Trust’s payout ratio is 18.75%.

Several large investors have recently added to or reduced their stakes in ESXB. BNP Paribas Arbitrage SA lifted its holdings in shares of Community Bankers Trust by 538.4% during the 1st quarter. BNP Paribas Arbitrage SA now owns 4,552 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 3,839 shares during the period. SG Americas Securities LLC bought a new position in shares of Community Bankers Trust during the 1st quarter worth about $75,000. Bank of America Corp DE lifted its holdings in shares of Community Bankers Trust by 62.4% during the 4th quarter. Bank of America Corp DE now owns 14,079 shares of the financial services provider’s stock worth $102,000 after acquiring an additional 5,410 shares during the period. Rhumbline Advisers lifted its holdings in shares of Community Bankers Trust by 43.7% during the 4th quarter. Rhumbline Advisers now owns 28,961 shares of the financial services provider’s stock worth $209,000 after acquiring an additional 8,805 shares during the period. Finally, Eidelman Virant Capital bought a new position in shares of Community Bankers Trust during the 1st quarter worth about $224,000.

Community Bankers Trust Company Profile (NASDAQ:ESXB)

Community Bankers Trust Corporation operates as the holding company for the Essex Bank that provides financial services primarily to individuals and small businesses. It offers individual and commercial demand and time deposit accounts; and commercial and industrial loans, consumer and small business loans, and real estate and mortgage loans.

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