TowneBank (Portsmouth VA) (TOWN) is Trading Higher on Unusual Volume for December 22

Equities Staff |

TowneBank (Portsmouth VA) (TOWN) experienced unusually high volume on Dec. 22, as the stock gained 0.39% to a closing price of $20.73. The stock saw 218,494 shares trade hands over the course of the day on 1,780 trades. Given that the stock’s average daily volume over the last month has been 127,516 shares a day, this represents a pretty substantial spike over the norm.

TowneBank (Portsmouth VA) has a P/B ratio of 1.35. It also has a P/E ratio of 17.5. The stock has traded between $22.64 and $14.25 over the last 52-weeks, its 50-day SMA is now $21.40, and its 200-day SMA $18.04.

Towne Bank offers retail and commercial banking services to the Greater Hampton Roads region in south eastern Virginia and north eastern North Carolina. The Company operates in Banking, Realty and Insurance.

Headquartered in Portsmouth, VA, TowneBank (Portsmouth VA) has 1,344 employees and is currently under the leadership of CEO Jacqueline Amato / G. Aston.

For a complete fundamental analysis analysis of TowneBank (Portsmouth VA), check out’s Stock Valuation Analysis report for TOWN. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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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 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:


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