Bridge Bancorp Inc. (Bridgehampton NY) (BDGE) is Trading Higher on Unusual Volume for December 21

Equities Staff |

Bridge Bancorp Inc. (Bridgehampton NY) (BDGE) experienced unusually high volume on Dec. 21, as the stock gained 0.87% to a closing price of $31.23. The stock saw 97,835 shares trade hands over the course of the day on 471 trades. Given that the stock’s average daily volume over the last month has been 51,927 shares a day, this represents a pretty substantial spike over the norm.

Bridge Bancorp Inc. (Bridgehampton NY) has a P/B ratio of 1.6. It also has a P/E ratio of 25. The stock has traded between $32.40 and $24.21 over the last 52-weeks, its 50-day SMA is now $30.14, and its 200-day SMA $26.85.

Bridge Bancorp Inc is a bank holding company for The Bridgehampton National Bank. It provides commercial and consumer banking business, including saving and deposits from the consumers, commercial and real estate loans and homey equity loans.

Headquartered in Bridgehampton, NY, Bridge Bancorp Inc. (Bridgehampton NY) has 348 employees and is currently under the leadership of CEO Kevin M. O'Connor.

For a complete fundamental analysis analysis of Bridge Bancorp Inc. (Bridgehampton NY), check out Equities.com’s Stock Valuation Analysis report for BDGE. 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

Relevium Technologies Inc.

Relevium Technologies Inc is engaged in the acquisition of products, technologies and businesses relating to musculoskeletal function, specifically Pain Relief, Injury Recovery and Active Performance.

Private Markets

Knightscope

Autonomous security robots providing advanced detection capabilities at $7 per hour - aiming to define the future of security. Help #StopTheViolence.

Santo Diablo Mezcal

Santo Diablo Mezcal has been created to capitalize on a boom sector of the beverage market currently full of many small unmemorable products by producing one sexy, household, easily recognizable…