Metropolitan Bank (NYSE:MCB) Trading 4.9% Higher

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Metropolitan Bank Holding Corp. (NYSE:MCBGet Free Report) shares shot up 4.9% during trading on Friday . The company traded as high as $56.85 and last traded at $56.85. 65,181 shares were traded during trading, a decline of 34% from the average session volume of 98,660 shares. The stock had previously closed at $54.18.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lowered their price objective on Metropolitan Bank from $55.00 to $50.00 and set an “overweight” rating on the stock in a research report on Thursday, April 4th.

Check Out Our Latest Stock Report on MCB

Metropolitan Bank Stock Up 3.2 %

The stock’s fifty day moving average price is $43.06 and its 200 day moving average price is $42.38. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.61. The stock has a market cap of $625.52 million, a…

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