PNBK Stock Summary and Trading Ideas (Patriot Ntl Bancorp | NASDAQ:PNBK)

Patriot National Bancorp Inc provides consumer and commercial banking services to individuals, small and medium-sized businesses, professionals, and municipalities in Fairfield and New Haven Counties in Connecticut and Westchester County, New York. Its products include checking accounts, savings accounts, money market accounts, time certificates of deposit, and individual retirement accounts. The Bank's lending portfolio is comprised of commercial mortgage and construction loans, commercial loans, home improvement loans, home equity lines of credit, and other personal loans. In addition, the Bank offers bank checks, money orders, automated teller machines, interactive teller machines, online and mobile banking, credit cards, and debit cards.

Patriot Ntl Bancorp trades on the NASDAQ stock market under the symbol PNBK.

As of December 13, 2024, PNBK stock price declined to $2.26 with 7,694 million shares trading.

PNBK has a beta of 1.17, meaning it tends to be more sensitive to market movements. PNBK has a correlation of 0.04 to the broad based SPY ETF.

PNBK has a market cap of $8.99 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, PNBK traded as high as $18.00 and as low as $1.39.

The top ETF exchange traded funds that PNBK belongs to (by Net Assets): VXF, DFAC.

PNBK has underperformed the market in the last year with a return of -47.6%, while SPY returned +29.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PNBK shares. However, PNBK has outperformed the market in the last 3 month and 2 week periods, returning +26.3% and +0.4%, while SPY returned +7.8% and +0.3%, respectively. This indicates PNBK has been having a stronger performance recently.

PNBK support price is $2.12 and resistance is $2.66 (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 PNBK shares will trade within this expected range on the day.