Central Plains Bancshares (NASDAQ:CPBI) Stock Price Down 0.1% – Here’s What Happened

Central Plains Bancshares, Inc. (NASDAQ:CPBI) shares fell 0.1% during mid-day trading on Monday . The company traded as low as $20.96 and last traded at $20.9550. Approximately 380 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 1,823 shares. The stock had previously closed at $20.97.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Central Plains Bancshares in a research report on Wednesday, June 24th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Central Plains Bancshares Stock Performance

The firm has a market cap of $87.42 million, a P/E ratio of 17.77 and a beta of 0.18. The firm’s fifty day moving average price is $19.88 and its 200 day moving average price is $18.49.

Central Plains Bancshares (NASDAQ:CPBI) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.39 earnings per share (EPS) for the quarter. The firm had revenue of $5.87 million for the quarter. Central Plains Bancshares had a net margin of 14.33% and a return on equity of 5.14%.

Institutional Trading of Central Plains Bancshares

An institutional investor recently raised its stake in Central Plains Bancshares stock. Vanguard Group Inc. boosted its stake in shares of Central Plains Bancshares, Inc. (NASDAQ:CPBI) by 2.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,483 shares of the company’s stock after purchasing an additional 3,314 shares during the quarter. Vanguard Group Inc. owned about 3.90% of Central Plains Bancshares worth $2,689,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 24.28% of the company’s stock.

About Central Plains Bancshares

Central Plains Bancshares, Inc is the bank holding company for Central Plains Bank, a community?oriented financial institution headquartered in Council Grove, Kansas. Through its wholly owned subsidiary, the company offers a range of deposit and lending products designed to serve the needs of individuals, families, small businesses and agricultural customers in rural and small?town markets across central and eastern Kansas.

The company’s core services include checking and savings accounts, certificates of deposit and money market accounts, complemented by consumer, commercial and agricultural loan portfolios.