EBTC Stock Summary and Trading Ideas (Enterprise Bancorp | NASDAQ:EBTC)

Enterprise Bancorp Inc is a holding company engaged in the business of gathering deposits from the general public and investing in loans and investment securities. Through the Bank and its subsidiaries, the company offers a range of commercial, residential, and consumer loan products, deposit products, and cash management services, as well as wealth management and wealth services.

Enterprise Bancorp trades on the NASDAQ stock market under the symbol EBTC.

As of April 23, 2024, EBTC stock price climbed to $24.43 with 16,527 million shares trading.

EBTC has a beta of 0.87, meaning it tends to be less sensitive to market movements. EBTC has a correlation of 0.13 to the broad based SPY ETF.

EBTC has a market cap of $299.82 million. This is considered a Small Cap stock.

In the last 3 years, EBTC stock traded as high as $46.48 and as low as $23.01.

The top ETF exchange traded funds that EBTC belongs to (by Net Assets): VTI, IWM, VXF, IWN, BSVO.

EBTC has underperformed the market in the last year with a price return of -12.1% while the SPY ETF gained +24.3%. EBTC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -17.3% and -4.1%, respectively, while the SPY returned +4.9% and -2.5%, respectively.

EBTC support price is $23.57 and resistance is $24.91 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EBTC stock will trade within this expected range on the day.