(NECB) Northeast Community Bancorp - Ratings and Ratios

Northeast Community Bancorp Inc (NASDAQ:NECB) is a holding company that operates NorthEast Community Bank, providing a comprehensive suite of financial services to individuals and businesses. The banks product offerings include a range of deposit accounts, such as checking and savings accounts, as well as various loan products, including construction, commercial, and consumer loans. Additionally, the company invests in liquid assets, including U.S. Treasury obligations, municipal securities, and securities of federal agencies, to maintain a diversified portfolio.

The banks strategic presence is concentrated in key regions, with full-service branches located in New York and Massachusetts, specifically in Bronx, Orange, Rockland, and Sullivan Counties in New York, and Essex, Middlesex, and Norfolk Counties in Massachusetts. Furthermore, the company has loan production offices in White Plains and New City, New York, as well as Danvers, Massachusetts, enabling it to effectively serve its target markets.

With a rich history dating back to 1934, Northeast Community Bancorp Inc has established itself as a reputable regional bank, headquartered in White Plains, New York. The companys commitment to providing a broad range of financial services, including life insurance products and fixed-rate annuities, underscores its dedication to meeting the diverse needs of its customers.

Analyzing the provided and , we can identify key trends and insights. The stocks current price is $23.22, with a 20-day SMA of $22.46 and a 50-day SMA of $22.44, indicating a potential bullish trend. However, the 200-day SMA of $24.12 suggests that the stock may be experiencing a short-term correction. The ATR of 1.01 (4.35%) indicates moderate volatility. Considering the , the companys Market Cap stands at $297.45M USD, with a P/E ratio of 6.80 and a RoE of 14.74, indicating a relatively undervalued stock with decent profitability.

Based on the analysis of the and , a forecast for Northeast Community Bancorp Inc (NASDAQ:NECB) suggests that the stock may experience a rebound in the short term, potentially targeting the 52-week high of $30.62. However, this would depend on various market and economic factors, including interest rate trends and regional economic conditions. A more conservative estimate would be a price target of $25-$27 in the next 6-12 months, driven by the companys solid financial performance and the overall growth of the regional banking sector.