May 16, 2021

Stock News in Focus: Bank of the James Financial Group (NASDAQ:BOTJ)

Bank of the James Financial Group (NASDAQ:BOTJ) stock observed trading -12.91% off 52-week high price. On the other end, the stock has been noted 68.09% away from low price over the last 52-weeks. The stock disclosed a move of 11.55% away from 50 day moving average and 28.34% away from 200 day moving average. Moving closer, we can see that shares have been trading 7.21% off 20-day moving average. It has market cap of $57.02M and dividend yield of 2.08%.

On Jan. 22, 2021, Bank of the James Financial Group (NASDAQ:BOTJ) the parent company of Bank of the James, a full-service commercial and retail bank serving Region 2000 (the greater Lynchburg MSA), and the Blacksburg, Charlottesville, Harrisonburg, Lexington, and Roanoke, Virginia markets, released unaudited results for the three and 12 month periods ended December 31, 2020.

Net income for the three months ended December 31, 2020 was $1.71 million or $0.39 per diluted share, compared with $1.52 million or $0.35 per diluted share for the three months ended December 31, 2019. Net income for the 12 months ended December 31, 2020 was $4.98 million or $1.15 per diluted share, compared with $5.61 million or $1.28 per diluted share for the 12 months ended December 31, 2019.

Robert R. Chapman III, President and CEO, commented: In 2020, our Company’s primary areas of focus were ensuring the health and safety of our employees and our customers, providing responsive service and operating efficiently with robust technological capabilities, and maintaining asset quality and liquidity in a fast-changing and challenging marketplace. While adapting to a more digital and socially distanced environment, our experienced bankers demonstrated flexibility and dedication as they met the challenges and provided the financial guidance, services and products customers needed.

The USA based company Bank of the James Financial Group moved with change of 2.45% to $13.45 with the total traded volume of 7617 shares in recent session versus to an average volume of 3.91K. The stock was observed in the 5 days activity at 4.89%. The one month performance of stock was 9.77%. BOTJ’s shares are at 34.66% for the quarter and driving a -10.47% return over the course of the past year and is now at 10.95% since this point in 2018.  Right now the stock beta is 1.25. The average volatility for the week and month was at 2.59% and 2.31% respectively. There are 4.34M shares outstanding and 3.85M shares are floated in market.