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Notable News Spotlight: Civista Bancshares (NASDAQ:CIVB)

Civista Bancshares (NASDAQ:CIVB) changed -8.87% to recent value of $14.07. The stock transacted 49528 shares during most recent day however it has an average volume of 55.77K shares. It spotted trading -42.15% off 52-week high price. On the other end, the stock has been noted 17.25% away from the low price over the last 52-weeks.

On March 26, 2020, Civista Bancshares (NASDAQ:CIVB) previously distributed to its shareholders of record as of February 21, 2020, a Notice of Annual Meeting of Shareholders under the Securities and Exchange Commission’s Notice and Access rules, announcing that its 2020 Annual Meeting of Shareholders was scheduled for Tuesday, April 21, 2020, at 10:00 a.m. at BGSU Firelands College, One University Drive, Huron, Ohio 44839.

Due to the emerging public health impact of the coronavirus (COVID-19) pandemic and to support the health and well-being of our shareholders and other stakeholders, the location of the 2020 Annual Meeting of Shareholders of Civista has been changed.  As previously disclosed, the Annual Meeting will be held on Tuesday, April 21, 2020 at 10:00 a.m. Eastern Time.  In light of public health concerns regarding the coronavirus pandemic and the resulting unavailability of the previously provided location, the Annual Meeting will now be held at Civista’s headquarters located at 100 East Water Street, Sandusky, Ohio 44870.

CIVB has an operating margin of 85.70% while its profit margin remained 33.90% for the last 12 months. Its earnings per share (EPS) expected to touch remained 97.00% for this year while earning per share for the next 5-years is expected to reach at 8.00%.

The company has 15.73M of outstanding shares and 15.73M shares were floated in the market. The price moved ahead of -13.05% from the mean of 20 days, -29.14% from mean of 50 days SMA and performed -34.21% from mean of 200 days price. Company’s performance for the week was 3.91%, -30.48% for month and YTD performance remained -41.38%.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

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