Southern National Banc. of Virginia, Inc (NASDAQ:SONA) insider Georgia S. Derrico purchased 10,000 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were purchased at an average price of $9.20 per share, for a total transaction of $92,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Southern National Banc. of Virginia, Inc (SONA) traded down $0.14 during mid-day trading on Tuesday, reaching $16.88. 71,883 shares of the company’s stock traded hands, compared to its average volume of 53,079. The company has a market capitalization of $407.54, a price-to-earnings ratio of 20.53 and a beta of 0.37. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.17. Southern National Banc. of Virginia, Inc has a twelve month low of $15.26 and a twelve month high of $18.48.
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 24th. Shareholders of record on Monday, November 13th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.90%. The ex-dividend date was Friday, November 10th. Southern National Banc. of Virginia’s dividend payout ratio is 103.23%.
SONA has been the topic of several research reports. Zacks Investment Research lowered shares of Southern National Banc. of Virginia from a “buy” rating to a “hold” rating in a research report on Thursday, September 14th. ValuEngine raised shares of Southern National Banc. of Virginia from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, BidaskClub lowered shares of Southern National Banc. of Virginia from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th.
Southern National Banc. of Virginia Company Profile
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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