Price Action Alert: Will Randolph Bancorp Inc Run Out of Steam Soon?

Price Action Alert: Will Randolph Bancorp Inc Run Out of Steam Soon?

The stock of Randolph Bancorp Inc (NASDAQ:RNDB) hit a new 52-week high and has $15.35 target or 3.00% above today’s $14.90 share price. The 6 months bullish chart indicates low risk for the $87.07M company. The 1-year high was reported on Nov, 23 by Barchart.com. If the $15.35 price target is reached, the company will be worth $2.61 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. About 17,660 shares traded hands or 143.82% up from the average. Randolph Bancorp Inc (NASDAQ:RNDB) has risen 6.00% since October 24, 2016 and is uptrending. It has outperformed by 0.67% the S&P500.

Analysts await Randolph Bancorp Inc (NASDAQ:RNDB) to report earnings on January, 24.

According to Zacks Investment Research, “Randolph Bancorp, Inc. is a bank holding company. It offers banking products and services which consist of savings accounts, debit and credit cards, business and personal loans, mortgages, cash management, line of credit, online banking, and certificate of deposit. Randolph Bancorp, Inc. is based in MA, United States.”

More notable recent Randolph Bancorp Inc (NASDAQ:RNDB) news were published by: Marketwatch.com which released: “Randolph Bancorp Inc.” on July 01, 2016, also Quotes.Wsj.com with their article: “News Randolph Bancorp Inc.RNDB” published on July 01, 2016, Globenewswire.com published: “Randolph Bancorp, Inc. Announces Third Quarter 2016 Earnings” on October 25, 2016. More interesting news about Randolph Bancorp Inc (NASDAQ:RNDB) were released by: Businesswire.com and their article: “Randolph Bancorp, Inc. Reports Results for the Three and Six Months Ended June …” published on July 26, 2016 as well as Businesswire.com‘s news article titled: “Randolph Bancorp, Inc. Completes Stock Offering and Acquisition of First …” with publication date: July 01, 2016.

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