Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) is scheduled to release its earnings data after the market closes on Wednesday, October 18th. Analysts expect Southern National Bancorp of Virginia to post earnings of $0.22 per share for the quarter.
Shares of Southern National Bancorp of Virginia, Inc. (SONA) opened at 16.97 on Wednesday. The stock has a 50 day moving average of $16.57 and a 200-day moving average of $17.03. Southern National Bancorp of Virginia, Inc. has a 12 month low of $12.74 and a 12 month high of $18.48. The company has a market cap of $405.75 million, a PE ratio of 50.96 and a beta of 0.36.
SONA has been the subject of several recent research reports. Zacks Investment Research raised Southern National Bancorp of Virginia from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a report on Wednesday, August 30th. ValuEngine upgraded Southern National Bancorp of Virginia from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, BidaskClub downgraded Southern National Bancorp of Virginia from a “sell” rating to a “strong sell” rating in a research note on Monday, August 14th.
In related news, Chairman Georgia S. Derrico bought 4,000 shares of the business’s stock in a transaction on Monday, August 21st. The stock was acquired at an average price of $15.75 per share, for a total transaction of $63,000.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 10.20% of the stock is owned by company insiders.
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About Southern National Bancorp of Virginia
Southern National Bancorp of Virginia, Inc (Southern National) is the bank holding company for Sonabank (Sonabank). The Company’s principal business is the acquisition of deposits from the general public through its branch offices and deposit intermediaries, as well as the use of these deposits to fund its loan and investment portfolios.
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