Central Plains Bancshares (NASDAQ:CPBI) Stock Price Down 0.1% – Time to Sell?

Central Plains Bancshares, Inc. (NASDAQ:CPBI) shares dropped 0.1% during mid-day trading on Monday . The stock traded as low as $20.96 and last traded at $20.9550. 380 shares were traded 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 Ratings Changes

Separately, Weiss Ratings reiterated 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, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Central Plains Bancshares Stock Down 0.1%

The firm has a market cap of $87.38 million, a P/E ratio of 17.76 and a beta of 0.18. The stock’s 50-day simple moving average is $19.83 and its 200 day simple moving average is $18.47.

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

Institutional Investors Weigh In On Central Plains Bancshares

An institutional investor recently raised its position in Central Plains Bancshares stock. Vanguard Group Inc. lifted its stake in shares of Central Plains Bancshares, Inc. (NASDAQ:CPBI) by 2.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 164,483 shares of the company’s stock after buying an additional 3,314 shares during the period. Vanguard Group Inc. owned about 3.90% of Central Plains Bancshares worth $2,689,000 at the end of the most recent quarter. 24.28% of the stock is owned by institutional investors.

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.