Bank of Marin Bancorp (BMRC) is Trading Lower on Unusual Volume for February 08

Equities Staff |

Bank of Marin Bancorp (BMRC) experienced unusually high volume on Feb. 08, as the stock lost 1.26% to a closing price of $50.11. The stock saw 23,718 shares trade hands over the course of the day on 179 trades. Given that the stock’s average daily volume over the last month has been 11,018 shares a day, this represents a pretty substantial spike over the norm.

Bank of Marin Bancorp has a P/B ratio of 1.43. It also has a P/E ratio of 16.6. The stock has traded between $56.77 and $45.81 over the last 52-weeks, its 50-day SMA is now $53.02, and its 200-day SMA $50.27.

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 .

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.

THE IMPORTANCE OF THE RUSSELL 3000

The Russell 3000 is not well known outside the world of finance, but it’s one of the strongest indices out there for getting a broad sense of the stock market. Unlike the better-known Dow Jones Industrial Average or S&P 500, membership on the Russell 3000 isn’t selected by committee. It’s simply the 3,000 most valuable companies in the country.

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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Nano One Materials Corp.

Nano One Materials Corp is a technology company. The Company manufactures storage materials for lithium ion batteries.

Private Markets

Wealthfront

Wealthfront is an automated investment service that serves as an alternative to traditional financial advisory services. The company manages a diversified, continually rebalanced portfolio of index funds on their clients’…

Trustify

Trustify provides trust and safety in both the digital and physical worlds through our vast network of on-demand Private Investigators.By removing the large retainers and high hourly rates that traditional…