Patriot National Bancorp Inc (NASDAQ:PNBK) shares, rose in value, with the stock price up by 9.92% to the previous day’s close as strong demand from buyers drove the stock to $1.06.
Actively observing the price movement in the recent trading, the stock is buoying the session at $0.96, falling within a range of $0.97 and $1.09. The value of beta (5-year monthly) is -0.467. Referring to stock’s 52-week performance, its high was $7.47, and the low was $0.90. On the whole, PNBK has fluctuated by -82.27% over the past month.
With the market capitalization of Patriot National Bancorp Inc currently standing at about $89.46 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2019-May-15.
The stock’s technical analysis shows that the price of PNBK currently trading nearly -40.62% and -65.24% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.92, while the 7-day volatility ratio is showing 7.34% which for the 30-day chart, stands at 18.56%. Furthermore, Patriot National Bancorp Inc (PNBK)’s beta value is -0.47, and its average true range (ATR) is 0.38.
A comparison of Patriot National Bancorp Inc (PNBK) with its peers suggests the former has fared considerably weaker in the market. PNBK showed an intraday change of 9.92% in today’s session so far, and over the past year, it shrunk by -56.93%%.
Data on historical trading for Patriot National Bancorp Inc (NASDAQ:PNBK) indicates that the trading volumes over the past 10 days have averaged 0.89 and over the past 3 months, they’ve averaged 863.96K. According to company’s latest data on outstanding shares, there are 73.73 million shares outstanding.
Nearly 21.48% of Patriot National Bancorp Inc’s shares belong to company insiders and institutional investors own 4.53% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.82 million shares as on 2025-05-30, resulting in a short ratio of 1.46. According to the data, the short interest in Patriot National Bancorp Inc (PNBK) stood at 116.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 0.11 million. The stock has fallen by -45.61% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PNBK stock heading into the next quarter.
