Meridian Bancorp Inc (EBSB) is Trading Higher on Unusual Volume for February 12

Equities Staff |

Meridian Bancorp Inc (EBSB) experienced unusually high volume on Feb. 12, as the stock gained 1.73% to a closing price of $13.50. The stock saw 392,560 shares trade hands over the course of the day on 1,859 trades. Given that the stock’s average daily volume over the last month has been 245,035 shares a day, this represents a pretty substantial spike over the norm.

Meridian Bancorp Inc has a P/B ratio of 1.28. It also has a P/E ratio of 28.2. The stock has traded between $14.91 and $12.02 over the last 52-weeks, its 50-day SMA is now $13.76, and its 200-day SMA $13.40.

Meridian Bancorp Inc, formerly Meridian Interstate Bancorp Inc is a Massachusetts corporation & hloding company of East Boston Savings Bank. The Company offers deposit and loan products to individuals and businesses.

Headquartered in Peabody, MA, Meridian Bancorp Inc has 466 employees and is currently under the leadership of CEO .

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

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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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