Enterprise Bancorp Inc (EBTC) Soars 3.02% on November 24 – Equities.com


Enterprise Bancorp Inc (EBTC) had a good day on the market for Tuesday November 24
as
shares jumped 3.02% to close at $26.94. About 14,821 shares traded hands on 249 trades for the day, compared with an average daily volume of
n/a shares out of a total float of 11.93 million. After opening the trading day at $26.23, shares of Enterprise Bancorp Inc stayed within a range of $26.99 to
$26.14.

With today’s gains, Enterprise Bancorp Inc now has a market cap of
$321.3 million. Shares of Enterprise Bancorp Inc have been trading within a range of $34.75
and $19.28 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Enterprise Bancorp Inc is a holding company for Enterprise Bank and Trust company. The bank operates in the savings and cooperative banks industry of the United States and it earns income through offering commercial and consumer loan products, deposit products, and cash management services to business entities, non-profit organizations, professionals, and individuals. In addition, it also provides investment advisory and wealth management, trust and insurance services. The bank’s strategy involves gathering deposits from the public and investing primarily in loans and investment securities. It utilizes the resulting cash flows to conduct operations, expand the branch network and pay dividends to stockholders.

READ  Cannabis petition can collect signatures - News - Bartlesville Examiner-Enterprise - Bartlesville, OK - Examiner Enterprise

Enterprise Bancorp Inc is based out of Lowell, MA and has some 538 employees. Its CEO is John P. Clancy.

For a complete fundamental analysis of Enterprise Bancorp Inc, check out Equities.com’s Stock Valuation Analysis report for
EBTC
.

Still paying commissions on stock trades? Equities.com now offers $7.99/month unlimited trading and flat-fee options trading for $89.99/month! Get started today by https://www.equities.com/trading-start

Enterprise Bancorp Inc is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell
Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an
objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives
a broad, unbiased look at the small-cap market as a whole.


To get more information on Enterprise Bancorp Inc and to follow the company’s latest updates, you can visit the company’s profile page here:
EBTC’s Profile
. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
Newsdesk
. Also, don’t forget to sign-up for our daily
email newsletter
to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

READ  Weasels trample elephant | News, Sports, Jobs - The Adirondack Daily Enterprise


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





READ SOURCE

LEAVE A REPLY

Please enter your comment!
Please enter your name here