JPMorgan Chase & Co. Lowers Metropolitan Bank & Trust (OTCMKTS:MTPOF) to Neutral

JPMorgan Chase & Co. downgraded shares of Metropolitan Bank & Trust (OTCMKTS:MTPOF) from an overweight rating to a neutral rating in a research note issued to investors on Friday morning, The Fly reports.

MTPOF opened at $0.96 on Friday. The business’s 50-day simple moving average is $0.92 and its 200-day simple moving average is $0.88. Metropolitan Bank & Trust has a one year low of $0.80 and a one year high of $0.96.

About Metropolitan Bank & Trust

Metropolitan Bank & Trust Co engages in the provision of banking, financing, leasing, real estate, and stock brokering services. It operates through the following segments: Consumer Banking, Corporate Banking, Investment Banking, Treasury, Branch Banking, and Others. The Consumer Banking segment provides consumer type loans and support.

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