National Bankshares (NKSH) Rating Increased to Sell at BidaskClub
National Bankshares (NASDAQ:NKSH) was upgraded by investment analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Thursday.
NKSH opened at $46.80 on Thursday. The company has a market cap of $320.76 million, a P/E ratio of 21.05 and a beta of 0.21. National Bankshares has a fifty-two week low of $36.75 and a fifty-two week high of $49.75.
National Bankshares (NASDAQ:NKSH) last posted its quarterly earnings results on Friday, July 27th. The bank reported $0.62 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.66 by ($0.04). National Bankshares had a return on equity of 8.50% and a net margin of 27.73%.
About National Bankshares
National Bankshares, Inc operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposits, and individual retirement accounts Its loan products include commercial and agricultural, commercial real estate, residential real estate, home equity, and various consumer loan products, as well as loans for the construction of commercial and residential properties.
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