How have the shares performed?
PDL Community Bancorp (PDLB) saw an uptrend of 24.78% in the recent trading with $14.40 being its most recent. The current price level 10.18% lower than the highest price of $13.07 marked by the stock while trading over the past 52-weeks, whereas it is 79.78% higher than the lowest price of $8.01 the company dropped to over past 52-weeks. The latest news story on PDLB appeared in GlobeNewswire under the title “Ponce Bank Mutual Holding Company and PDL Community Bancorp Announce Adoption of a Plan of Conversion and Reorganization, Related Second-Step Stock Offering and Funding of the Ponce De Leon Foundation” on May-25-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -3.23% below one month high and is +31.63% above of the lowest during that time. Looking into the simple moving average, PDL Community Bancorp (PDLB)’s stock stands at a SMA-50 of $11.26 while that of 5-day is reading $12.10.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and PDLB’s SMA-200 as of now is $10.30.
PDL Community Bancorp Earnings – What Happened With PDLB
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. PDL Community Bancorp (PDLB) last released financial results for the quarter that ended 3/30/2021, posting a surprise factor of 0.00% for net revenue. During the reported three-month period, company’s sales were $15.18 billion while analysts on average were estimating the same to be $13.19 million.
PDLB – PDL Community Bancorp Stock Earnings Estimates
The perspective of PDL Community Bancorp (NASDAQ:PDLB)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.15 for stock’s EPS in the current quarter. 1 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was 0.15.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 16.55 million. PDLB does have institutional investors; and they hold 21.50% of the stock.
PDL Community Bancorp – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, PDLB declared 1,494 shares have been sold in 5 insider transactions over the past three months.
As on Dec 30, 2020, Price (T.Rowe) Associates Inc was the top most holder in PDL Community Bancorp (NASDAQ:PDLB) with an ownership of 1.4 million shares of the company or 8.22% of the stake worth $14.7 million. The filing also reveals M3F, Inc. as the second largest holder in the company with a control over 2.69% of the outstanding shares. Its stake is worth $4.81 million for having 0.46 million shares in hand.
Blackrock Inc. also came holding a key position in the company during the recent quarter and it now holds 2.67% of the outstanding shares. With this there are now 59 institutions which have possession in PDLB’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by PDL Community Bancorp was 0.23 while posting a debt to equity ratio of 0.00. The count was 68.48 for long-term debt to equity ratio.
PDL Community Bancorp’s return on equity, or ROE, is 4.70%, compared to the industry average of 8.53% for Financial – Banks – Regional. Although this indicates that PDLB fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of PDL Community Bancorp (NASDAQ:PDLB) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for PDL Community Bancorp (PDLB), we notice that the stock’s 20-day average volume is at 47,895 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 27,698 shares. And to end, PDLB’s 100-day average volume is 19,867 shares with 100% of the long-term indicators pointing towards Buy for the stock.