Glen Burnie Bancorp (NASDAQ:GLBZ) Announces Quarterly Earnings Results

Glen Burnie Bancorp (NASDAQ:GLBZ) posted its quarterly earnings data on Thursday. The financial services provider reported ($0.01) EPS for the quarter, Zacks reports. Glen Burnie Bancorp had a return on equity of 0.50% and a net margin of 0.60%.

Glen Burnie Bancorp Stock Performance

Shares of GLBZ traded up $0.17 during trading hours on Thursday, hitting $4.88. 2,721 shares of the stock were exchanged, compared to its average volume of 9,327. The stock’s 50-day moving average price is $5.67 and its two-hundred day moving average price is $5.45. Glen Burnie Bancorp has a 12-month low of $3.37 and a 12-month high of $6.99. The company has a market cap of $14.15 million, a price-to-earnings ratio of 162.72 and a beta of 0.60.

About Glen Burnie Bancorp

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit.