Could Mid-Southern Savings Bank, FSB (MSVB) Change Direction After Achieving 52 Week Low?

July 13, 2018 - By Eula Gilbert

The stock of Mid-Southern Savings Bank, FSB (NASDAQ:MSVB) hit a new 52-week low and has $11.86 target or 4.00 % below today’s $12.35 share price. The 9 months bearish chart indicates high risk for the $16.06 million company. The 1-year low was reported on Jul, 13 by Barchart.com. If the $11.86 price target is reached, the company will be worth $642,200 less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 0.80% or $0.1 during the last trading session, reaching $12.35. About 198,106 shares traded or 68212.41% up from the average. Mid-Southern Savings Bank, FSB (NASDAQ:MSVB) has 0.00% since July 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Another recent and important Mid-Southern Savings Bank, FSB (NASDAQ:MSVB) news was published by Benzinga.com which published an article titled: “44 Biggest Movers From Yesterday” on July 13, 2018.

Mid-Southern Savings Bank, FSB, a federal savings bank, provides a range of banking services to individuals and business customers. The company has market cap of $16.06 million. The firm provides savings accounts and checking accounts. It has a 16.04 P/E ratio. It also offers one-to-four family residential loans, multi-family residential loans, construction loans, and commercial real estate loans; commercial business loans, including lines of credit to businesses and letters of credit, as well as term, mortgage, equipment, and vehicle loans; and consumer loans, such as home equity lines of credit and other loans secured by junior liens on the borrower's personal residence, home improvement loans, automobile and truck loans, boat loans, mobile home loans, loans secured by savings deposits, and other personal loans.

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