Upgrade your membership to see all of the expert analysis we have published on BLMT now!
Perched Near High After Volume-Driven Gains - Friday, June 16, 2017
B S B Bancorp Inc (BLMT +$0.20 or +0.67% to $30.20) finished strong after highlighted in yellow in the earlier mid-day report (read here) with pivot point cited based on its 4/26/17 high. It is perched near its all-time high following volume-driven gains on 6/02/17 and 6/08/17 while rallying from a sound base. Prior highs in the $29-30 area define initial support to watch on pullbacks.
Recently it reported earnings +43% on +20% sales revenues for the Mar '17 quarter. Prior quarterly earnings increases also have been above the +25% minimum guideline (C criteria). Its annual earnings (A criteria) history has been strong, and it has earned the highest possible earnings Per Share Rating of 99..
Recently it reported earnings +43% on +20% sales revenues for the Mar '17 quarter. Prior quarterly earnings increases also have been above the +25% minimum guideline (C criteria). Its annual earnings (A criteria) history has been strong, and it has earned the highest possible earnings Per Share Rating of 99..
The number of top-rated funds owning its shares rose from 110 in Jun '16 to 116 in Mar '17. Its current Up/Down Volume Ratio of 1.9 is an unbiased indication its shares have been under accumulation over the past 50 days (I criteria). Its small supply (S criteria) of only 9.7 million shares outstanding can contribute to greater price volatility in the event of institutional buying or selling.
