A Reversal for Randolph Bancorp, Inc. (RNDB) Is Not Near. The Stock Reaches 52-Week High Today

June 16, 2018 - By Maria Brooks

The stock of Randolph Bancorp, Inc. (NASDAQ:RNDB) hit a new 52-week high and has $16.83 target or 3.00 % above today’s $16.34 share price. The 9 months bullish chart indicates low risk for the $91.55M company. The 1-year high was reported on Jun, 16 by Barchart.com. If the $16.83 price target is reached, the company will be worth $2.75 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.06% or $0.01 during the last trading session, reaching $16.34. About 7,741 shares traded or 28.93% up from the average. Randolph Bancorp, Inc. (NASDAQ:RNDB) has 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

More news for Randolph Bancorp, Inc. (NASDAQ:RNDB) were recently published by: Globenewswire.com, which released: “Randolph Bancorp, Inc. Appoints New Board Chairman” on June 12, 2018. Streetinsider.com‘s article titled: “Randolph Bancorp, Inc. (RNDB) Names Kenneth K. Quigley, Jr. as Board Chairman” and published on June 12, 2018 is yet another important article.

Randolph Bancorp, Inc. operates as the bank holding firm for Envision Bank that provides financial services to individuals, families, and small to mid-size businesses in Massachusetts, Rhode Island, and southern New Hampshire. The company has market cap of $91.55 million. The firm accepts checking, NOW, money market, and savings accounts, as well as certificate of deposits and IRAs. It currently has negative earnings. It also offers one- to four-family residential mortgage, commercial real estate, commercial and industrial, construction, and consumer loans; home equity loans and lines of credit; and investment securities.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.