Home News Business Brookline Bancorp, Inc.’s (BRKL) Stock Price Is At $15.05 On Volume Of...

Brookline Bancorp, Inc.’s (BRKL) Stock Price Is At $15.05 On Volume Of 310,667 Shares With Movement Of -1.31%

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Brookline Bancorp, Inc. (NASDAQ:BRKL) stock price distance from twenty day simple moving average slumped at -1.39% while its distance from fifty day simple moving average declined -3.39% along with 10.12% above distance from two hundred simple moving averages. On technical aspect, moving averages may help to distinguish path of dispositions, and they may also be used to set degrees of support and resistance. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance.

Brookline Bancorp, Inc. (NASDAQ:BRKL) stock price tumbled -1.31% to finalize at $15.05 throughout previous buying and selling session. A total of 0.31 million shares exchanged at hands and its average trading volume is standing at 0.25 million shares.

Important factors to focus when evaluating a stock’s present and future value are the 52 week price high and low levels. Shares of Brookline Bancorp, Inc. (NASDAQ:BRKL) are trading -13.25% downward from the 52-week high mark and 47.98% above from the fifty two-week low mark.

The Stock has Weekly volatility of 3.55% and monthly volatility of 3.26%. Tracking most recent quarter period, Price to book (P/B) ration is at 1.52 and Price to cash per share ration is at 7.10. Beta value of the stock is marked at 0.91. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security’s price will be more volatile than the market. The company has a Return on Assets (ROA) of 0.80%. Presently, it has a Return on Equity (ROE) of 7.60% and Return on Investment (ROI) of 19.70%.

While taking a look at financials, we can look at a number of key indicators about Brookline Bancorp, Inc. (NASDAQ:BRKL). Average true range (ATR-14) of the company is at 0.46. Developed by J. Welles Wilder, ATR is an indicator that measures volatility. A stock experiencing a high level of volatility has a higher ATR, and a low volatility stock has a lower ATR. It may be used by market technicians to enter and exit trades, and it is a useful tool to add to a trading system.

Taking a glance at past performance, we will examine different up or down moving trends about BRKL. The stock dropped -3.83% beyond one week and declined -2.59% during previous one month session. The stock went down -7.69% at some stage in past quarter. Inside the closing six months period the stock’s performance raised 23.55% while overall yearly performance gained 45.76%. The Company’s year to date (YTD) performance is now negative at -7.69%.

Relative strength index (RSI-14) for Brookline Bancorp, Inc. (NASDAQ:BRKL) is at 45.84. In phrases of Market analysis and buying and selling signals, RSI moving above the horizontal 30 reference standard is regarded as a bullish indicator, at the same time as the RSI transferring under the horizontal 70 reference standard is visible to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely moves underneath 30 notify oversold conditions.

Its price to free cash flow for trailing twelve months is 21.62. Total debt to equity ratio of the company for most recent quarter is 0.19 while Long term debt to equity ratio for same time period is 0.19.

About Brookline Bancorp, Inc.

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank and its subsidiaries, and Brookline Securities Corp. As a commercially-focused financial institution with approximately 50 banking offices in greater Boston, the north shore of Massachusetts and Rhode Island, the Company offers commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services in central New England. The Company’s activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in Massachusetts and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services.