Spirit of Texas Bancshares Inc. (NASDAQ:STXB) previous close was $19.51 while the outstanding shares total 17.34M. The firm has a 12-month trailing P/E ratio of 11.36, and a growth ratio of 18.93. STXB’s shares traded higher over the last trading session, gaining 3.84% on 02/19/21. The shares fell to a low of $19.56 before closing at $20.26. Intraday shares traded counted 66339.0, which was -142.82% lower than its 30-day average trading volume of 27.32K. The stock’s Relative Strength Index (RSI) is 66.24, with weekly volatility at 2.52% and ATR at 0.61. The STXB stock’s 52-week price range has touched low of $8.96 and a $20.81 high.
Investors have identified the Banks – Regional company Spirit of Texas Bancshares Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $337.33 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Having a look at the company’s valuation, the company is expected to record 1.75 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on STXB sounds very interesting.
Is the stock of STXB attractive?
In related news, Director, BEALL ROBERT S bought 20,000 shares of the company’s stock in a transaction that recorded on Sep 10. The purchase was performed at an average price of 11.75, for a total value of 235,000. As the purchase deal closes, the Director, MORRIS STEVEN M now bought 2,000 shares of the company’s stock, valued at 24,500. Also, Executive Vice President & COO, Golemon Jerry D. sold 373 shares of the company’s stock in a deal that was recorded on Aug 26. The shares were cost at an average price of 12.65 per share, with a total market value of 4,718. Following this completion of disposal, the Executive Vice President & COO, Golemon Jerry D. now holds 4,338 shares of the company’s stock, valued at 54,865. In the last 6 months, insiders have changed their ownership in shares of company stock by 5.30%.
2 out of 3 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on Spirit of Texas Bancshares Inc.. 0 analysts has assigned a Sell rating on the STXB stock. The 12-month mean consensus price target for the company’s shares has been set at $22.00.