Melrose Bancorp Inc (NASDAQ:MELR) has been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Zacks has also given Melrose Bancorp an industry rank of 166 out of 256 based on the ratings given to its competitors.
Shares of MELR traded down $0.06 during midday trading on Tuesday, hitting $17.71. The company had a trading volume of 9,751 shares, compared to its average volume of 2,705. The company has a 50-day moving average price of $18.42. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $41.09 million, a price-to-earnings ratio of 26.13 and a beta of 0.20. Melrose Bancorp has a 1 year low of $16.99 and a 1 year high of $20.15.
About Melrose Bancorp
Melrose Bancorp, Inc operates as the bank holding company for Melrose Cooperative Bank that provides various banking products and services. The company accepts various deposits, such as noninterest-bearing demand accounts, money market accounts, savings accounts, NOW accounts, and certificates of deposit.
Recommended Story: Tariff
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Melrose Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melrose Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.