Market Runner: Could Randolph Bancorp Inc Change Direction After Making All-Time High?

Market Runner: Could Randolph Bancorp Inc Change Direction After Making All Time High?

The stock of Randolph Bancorp Inc (NASDAQ:RNDB) reached all time high today, Nov, 24 and still has $15.34 target or 3.00% above today’s $14.89 share price. This indicates more upside for the $87.02 million company. This technical setup was reported by Barchart.com. If the $15.34 PT is reached, the company will be worth $2.61M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. The stock increased 0.36% or $0.05 on November 23, hitting $14.89. About 25,260 shares traded hands or 248.75% up from the average. Randolph Bancorp Inc (NASDAQ:RNDB) has risen 6.00% since October 25, 2016 and is uptrending. It has outperformed by 0.59% 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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