Home / Financial / Financials Feel Pain of 6.71% Drop in Shares of Village Bank and Trust Financial Corp. (VBFC) During Morning Session on September 23

Financials Feel Pain of 6.71% Drop in Shares of Village Bank and Trust Financial Corp. (VBFC) During Morning Session on September 23

Village Bank and Trust Financial Corp. (VBFC) lost ground during morning trading on September 23 to make it one of the worst performers amongst all NYSE and NASDAQ listed stocks in the financial sector halfway through the trading day. At the lunch break, shares of VBFC have fallen 6.71% to $22.86 after closing the day prior at $24.5. So far, the stock has traded as high as $22.92 and as low as $22.86. Today’s decline has come with about 424 shares changing hands, compared to an average 30-day volume of 561 for Village Bank and Trust Financial Corp.. The price is currently below the 30-day volume weighted average price of $22.89 for VBFC.

The share depreciation gives the company a market capitalization of $34.9 million based upon 1.42 million shares outstanding. It also means that VBFC has a price-to-book ratio of 1.1:1.

In the past 52 weeks, shares of VBFC have traded as low as $18.01 and as high as $25.07. Technical traders will take note that at $22.86, shares of VBFC are trading above their 200-day MA at $21.27 and below their 50-day MA at $23.35. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding below them is typically regarded as bearish.

Who is VBFC?

Village Bank and Trust Financial Corp is a bank holding company. The Company through its wholly-owned subsidiaries offers banking & related financial services, including checking, savings and certificates of deposit. The company’s 166 employees are led by CEO William G. Foster from the corporate headquarters at 13319 Midlothian Turnpike in Midlothian, VA.


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