Bank of Marin Bancorp (BMRC) is Trading Lower on Unusual Volume for December 22

Equities Staff |

Bank of Marin Bancorp (BMRC) experienced unusually high volume on Dec. 22, as the stock lost 1.08% to a closing price of $53.00. The stock saw 27,313 shares trade hands over the course of the day on 346 trades. Given that the stock’s average daily volume over the last month has been 12,211 shares a day, this represents a pretty substantial spike over the norm.

Bank of Marin Bancorp has a P/B ratio of 1.52. It also has a P/E ratio of 17.7. The stock has traded between $56.77 and $45.81 over the last 52-weeks, its 50-day SMA is now $53.67, and its 200-day SMA $50.18.

Bank of Marin Bancorp is a bank holding company for Bank of Marin which offers commercial and retail deposit and lending programs, personal and business checking and savings accounts and wealth management and trust services.

Headquartered in Novato, CA, Bank of Marin Bancorp has 260 employees and is currently under the leadership of CEO Russell A. Colombo.

For a complete fundamental analysis analysis of Bank of Marin Bancorp, check out Equities.com’s Stock Valuation Analysis report for BMRC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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