What is the best trade option for Enterprise Bancorp, Inc (EBTC) stock?

Enterprise Bancorp, Inc [EBTC] stock is trading at $41.45, up 3.44%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EBTC shares have gain 11.33% over the last week, with a monthly amount drifted -4.67%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Enterprise Bancorp, Inc [EBTC] stock has fluctuated between $22.60 and $44.08 over the past year. Enterprise Bancorp, Inc [NASDAQ: EBTC] shares were valued at $41.45 at the most recent close of the market.

Analyzing the EBTC fundamentals

Enterprise Bancorp, Inc [NASDAQ:EBTC] reported sales of 245.92M for the trailing twelve months, which represents a growth of 15.32%. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.39.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 40.43 points at the first support level, and at 39.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.34, and for the 2nd resistance point, it is at 43.22.

Ratios To Look Out For

For context, Enterprise Bancorp, Inc’s Current Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 2.10, the price to book ratio is 1.40 and price to earnings (TTM) ratio is 14.26.

Transactions by insiders

Recent insider trading involved PUTZIGER MICHAEL T, Director, that happened on Mar 01 ’24 when 1755.0 shares were purchased. Director, PUTZIGER MICHAEL T completed a deal on Feb 06 ’24 to sell 1.0 shares. Meanwhile, EVP & CFO Lussier Joseph R bought 1320.0 shares on Feb 28 ’24.

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