Western New England Bancorp (WNEB) to Release Quarterly Earnings on Tuesday

Western New England Bancorp (NASDAQ:WNEB) is projected to release its earnings results before the market opens on Tuesday, January 28th. Analysts expect Western New England Bancorp to post earnings of $0.12 per share for the quarter.

Western New England Bancorp Stock Up 0.2 %

Shares of NASDAQ WNEB opened at $8.92 on Monday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.62. The business’s fifty day simple moving average is $9.20 and its 200-day simple moving average is $8.74. The stock has a market cap of $187.50 million, a P/E ratio of 17.15 and a beta of 0.70. Western New England Bancorp has a 12-month low of $6.00 and a 12-month high of $10.08.

Insider Buying and Selling at Western New England Bancorp

In other Western New England Bancorp news, SVP Darlene M. Libiszewski sold 5,000 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $9.18, for a total transaction of $45,900.00. Following the sale, the senior vice president now owns 16,020 shares in the company, valued at approximately $147,063.60. This represents a 23.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 5.80% of the stock is currently owned by company insiders.

Western New England Bancorp Company Profile

Western New England Bancorp, Inc operates as the holding company for Westfield Bank that provides a range of commercial and retail banking products and services to individuals and businesses. The company accepts various deposit accounts, including interest-bearing and noninterest-bearing checking, commercial checking, business, nonprofit and municipal checking, savings, money market and sweep, individual retirement, and other savings accounts; time deposits; certificates of deposit; and interest on lawyer's trust accounts.