Parke Bancorp, Inc. (NASDAQ:PKBK) Director Jack C. Sheppard, Jr. sold 7,597 shares of Parke Bancorp stock in a transaction on Monday, February 26th. The shares were sold at an average price of $20.07, for a total transaction of $152,471.79. Following the completion of the sale, the director now owns 64,080 shares of the company’s stock, valued at approximately $1,286,085.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Parke Bancorp, Inc. (NASDAQ PKBK) traded down $0.05 during trading hours on Tuesday, hitting $21.00. 23,600 shares of the stock traded hands, compared to its average volume of 14,063. The company has a market cap of $161.50, a price-to-earnings ratio of 17.57 and a beta of 0.20. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.97. Parke Bancorp, Inc. has a 12 month low of $17.88 and a 12 month high of $23.95.
Separately, ValuEngine lowered shares of Parke Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.
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About Parke Bancorp
Parke Bancorp, Inc is a bank holding company of Parke Bank (the Bank). The Bank is a full commercial service bank, with focus on providing personal and business financial services to individuals and small to mid-sized businesses in Gloucester, Atlantic and Cape May Counties in New Jersey and the Philadelphia area in Pennsylvania.
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