Greene County Bancorp (NASDAQ:GCBC) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Greene County Bancorp, Inc. (NASDAQ:GCBC)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $30.96 and traded as low as $25.90. Greene County Bancorp shares last traded at $26.25, with a volume of 16,858 shares traded.

Greene County Bancorp Trading Up 2.1 %

The firm has a market capitalization of $454.28 million, a P/E ratio of 18.40 and a beta of 0.46. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.14. The stock has a 50 day simple moving average of $30.04 and a 200-day simple moving average of $30.84.

Insider Activity at Greene County Bancorp

In related news, Director Tejraj S. Hada acquired 2,000 shares of the stock in a transaction dated Friday, November 1st. The shares were purchased at an average cost of $28.00 per share, with a total value of $56,000.00. Following the transaction, the director now directly owns 8,651 shares in the company, valued at approximately $242,228. This represents a 30.07 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Nick Barzee acquired 892 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The shares were bought at an average price of $28.57 per share, with a total value of $25,484.44. Following the completion of the purchase, the chief financial officer now owns 900 shares in the company, valued at $25,713. This trade represents a 11,150.00 % increase in their position. The disclosure for this purchase can be found here. 5.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Greene County Bancorp

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp raised its position in shares of Greene County Bancorp by 9.0% during the 3rd quarter. State Street Corp now owns 122,592 shares of the real estate investment trust’s stock valued at $3,788,000 after purchasing an additional 10,152 shares during the period. Barclays PLC increased its stake in Greene County Bancorp by 370.0% in the 3rd quarter. Barclays PLC now owns 11,723 shares of the real estate investment trust’s stock worth $362,000 after buying an additional 9,229 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Greene County Bancorp by 13.7% during the second quarter. Dimensional Fund Advisors LP now owns 64,791 shares of the real estate investment trust’s stock valued at $2,182,000 after acquiring an additional 7,814 shares during the period. Renaissance Technologies LLC bought a new stake in Greene County Bancorp during the second quarter valued at about $260,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Greene County Bancorp by 69.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,947 shares of the real estate investment trust’s stock valued at $493,000 after acquiring an additional 6,517 shares in the last quarter. Institutional investors own 13.39% of the company’s stock.

Greene County Bancorp Company Profile

Greene County Bancorp, Inc operates as a holding company for The Bank of Greene County that provides various financial services in the United States. The company's deposit products include savings, NOW accounts, money market accounts, certificates of deposit, non-interest bearing checking accounts, and individual retirement accounts.