Berkshire Bancorp (OTCMKTS:BERK) Shares Pass Below 200-Day Moving Average of $9.22

Berkshire Bancorp Inc (OTCMKTS:BERK)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $9.22 and traded as low as $8.53. Berkshire Bancorp shares last traded at $8.53, with a volume of 200 shares.

Separately, ValuEngine raised shares of Berkshire Bancorp from a “sell” rating to a “hold” rating in a report on Friday, June 5th.

The company’s 50-day moving average price is $8.44 and its 200-day moving average price is $9.22.

Berkshire Bancorp Company Profile (OTCMKTS:BERK)

Berkshire Bancorp Inc operates as the bank holding company for The Berkshire Bank that provides community banking services primarily to businesses, professionals, and retail customers. The company offers various deposit products, including statement savings accounts, NOW accounts, money market deposits accounts, checking accounts, and certificates of deposit.

Further Reading: What is operating income?

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