PEBK Stock Summary and Trading Ideas (Peoples Bancorp Of Nc | NASDAQ:PEBK)

Peoples Bancorp of North Carolina Inc is a bank holding company. It is a state-chartered commercial bank serving Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Cornelius, Raleigh, and Cary, North Carolina. It has a diversified loan portfolio with no foreign loans and few agricultural loans. The company's main source of income is dividends declared and paid by the Bank on its capital stock.

Peoples Bancorp Of Nc trades on the NASDAQ stock market under the symbol PEBK.

As of November 22, 2024, PEBK stock price climbed to $31.47 with 14,552 million shares trading.

PEBK has a beta of 0.69, meaning it tends to be less sensitive to market movements. PEBK has a correlation of 0.07 to the broad based SPY ETF.

PEBK has a market cap of $166.75 million. This is considered a Micro Cap stock.

In the last 3 years, PEBK traded as high as $34.88 and as low as $16.35.

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

PEBK has underperformed the market in the last year with a return of +20.0%, while SPY returned +32.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PEBK shares. However, PEBK has outperformed the market in the last 3 month and 2 week periods, returning +9.5% and +7.8%, while SPY returned +7.4% and -0.4%, respectively. This indicates PEBK has been having a stronger performance recently.

PEBK support price is $29.26 and resistance is $31.24 (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 PEBK shares will trade within this expected range on the day.