Northeast Bancorp - Chart Of The Day

Northeast Bancorp is a savings and loan holding company whose primary assets is its subsidiary, Northeast Bank, F.S.B., the bank. The Bank's primary business consists of attracting savings deposits from the general public and applying those funds primarily to the origination and retention of first mortgage loans on residential real estate. Of the Bank's loan portfolio at June 30, 1996, 83% was invested in real estate loans(including residential, construction and commercial mortgage loans), 8% in commercial loans and 9% in consumer loans.

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Barchart technical indicators:

  • 141.00+ Weighted Alpha
  • 100% Technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 24.52% in the last month
  • Relative Strength Index 83.87%
  • Technical support level at 24.68
  • Recently traded at 26.25 with a 50 day moving average of 21.64

Fundamental factors:

  • Market Cap $200 million
  • P/E 17.72
  • Dividend yield .16%
  • Revenue expected to grow 8.80% this year
  • Earnings estimated to increase 47.10% this year
  • Only one analysts is following the stock and rates it a buy
  • The individual investors following the stock on Motley Fool voted 4 to 0 that the stock will beat the market

Disclosure: None.

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