Brookline Bancorp, Inc. (NASDAQ:BRKL) shares, rose in value, with the stock price down by -1.01% to the previous day’s close as strong demand from buyers drove the stock to $8.34.
Actively observing the price movement in the last trading, the stock closed the session at $8.42. The PE ratio was 9.08 over 12-month period. Referring to stock’s 52-week performance, its high was $11.52, and the low was $7.00. On the whole, BRKL has fluctuated by -14.51% over the past month.
The company’s Forward Dividend Ratio is 0.54, with its dividend yield at 6.48%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 347.67M, with a low estimate of 82.22M and a high estimate of 84.9M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 83.73M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BRKL’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.51, with the price of BRKL currently trading nearly -10.59% and -12.71% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 30.95, while the 7-day volatility ratio is showing 4.12% which for the 30-day chart, stands at 2.87%. Furthermore, Brookline Bancorp, Inc. (BRKL)’s beta value is 0.78, and its average true range (ATR) is 0.33.
A comparison of Brookline Bancorp, Inc. (BRKL) with its peers suggests the former has fared considerably weaker in the market. BRKL showed an intraday change of -1.01% in last session, and over the past year, it shrunk by -15.64%%.
Data on historical trading for Brookline Bancorp, Inc. (NASDAQ:BRKL) indicates that the trading volumes over the past 3 months, they’ve averaged 455.19K. According to company’s latest data on outstanding shares, there are 89.64 million shares outstanding.
Nearly 2.97% of Brookline Bancorp, Inc.’s shares belong to company insiders and institutional investors own 79.21% of the company’s shares. The stock has fallen by -23.60% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BRKL stock heading into the next quarter.
