|Bid||0.00 x 2200|
|Ask||0.00 x 1200|
|Day's Range||8.67 - 8.76|
|52 Week Range||6.51 - 8.92|
|Beta (3Y Monthly)||1.08|
|PE Ratio (TTM)||14.05|
|Earnings Date||Jan 20, 2020 - Jan 24, 2020|
|Forward Dividend & Yield||0.27 (3.11%)|
|1y Target Est||8.50|
The big shareholder groups in TrustCo Bank Corp NY (NASDAQ:TRST) have power over the company. Institutions often own...
You probably know from experience that there is not as much information on small-cap companies as there is on large companies. Of course, this makes it really hard and difficult for individual investors to make proper and accurate analysis of certain small-cap companies. However, well-known and successful hedge fund managers like Jeff Ubben, George Soros […]
Hexo Corp. stock fell another 4% Friday, bringing its weekly losses to 12%, after CIBC downgraded the stock and said the 200 job cuts announced Thursday were the latest sign of the challenges facing the Quebec-based cannabis company.
CannTrust Holdings Inc. said late Thursday that it planned to lay off 140 people by the end of the year, beginning in late October. U.S.-traded shares of CannTrust stock were flat after hours. The company also said that the special committee charged with looking into the company's illegal cannabis production in Ontario, among other things, has concluded and the committee has presented the findings to the board. In addition, CannTrust said it has submitted the results to Health Canada. The Vaughn, Ontario-based weed company said it expected to release a series of restated financial statements within 60 days, but warned that "intervening events" may affect the timing.
NEW YORK, NY / ACCESSWIRE / October 22, 2019 / TrustCo Bank Corp. NY (NASDAQ: TRST ) will be discussing their earnings results in their 2019 Third Quarter Earnings to be held on October 22, 2019 at 9:00 ...
GLENVILLE, N.Y., Oct. 21, 2019 -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) · TrustCo Bank Corp NY today announced third quarter 2019 net income of $14.7 million or $0.152.
Shares of Cronos Group Inc. rampaged in the extended session Wednesday, gaining as much as 41.5% as of 6:22 p.m. Eastern time on heavy volume, before dropping to a 33% gain at 6:45 p.m. Eastern time. It was not immediately clear why the stock surged in the extended session but two block trades totaling roughly 1.2 million shares crossed at 5:09 p.m. Eastern time at a price of $8.40 a share. If Cronos shares hold on to the gains, the late Wednesday move will be the second largest in the company's history and the largest since the company began trading on the Nasdaq. Previously other cannabis companies' stocks, such as CannTrust Holdings Inc. have notched double-digit gains because an exchange traded fund has re-balanced its portfolio after significant changes to the market price. Cronos Group stock closed up roughly 1% to $8.40 during the regular session. The stock was up 14% in premarket trade Thursday.
Canadian cannabis company CannTrust Holdings Inc. said Monday it is still working to attain the full reinstatement of licenses that were suspended after the company was found to be growing cannabis in unlicensed rooms. As part of a series of measures the company is planning to improve practices, it believes it necessary to destroy about C$12 million ($9.07 million) of biological assets and about $65 million worth of inventory that was not authorized by its licence. The material to be destroyed includes product that was returned by patients, distributors and retailers. "Given the status of its licenses, the company is unable to process the material being destroyed or sell it to other licensed producers," it said in a statement. "The destruction process will allow the Company to free up much needed capacity to both implement remediation measures and store material that has been grown and processed in accordance with the Company's license since April 5, 2019. " The company is planning to submit a plan of remediation to Health Canada on or before Oct. 21. Shares were halted for the news down 9% at a record low of 83 cents. The stock has fallen 83% in 2019, while the ETFMG Alternative Harvest ETF has fallen 27% and the S&P 500 has gained 18%.
The call will also be audio webcast at https://services.choruscall.com/links/trst191022.html, and will be available for one year. The earnings press release will be posted on the Company’s Investor Relations website at: http://www.snl.com/irweblinkx/corporateprofile.aspx?iid=100465. Other information, including the Company’s most recent annual report, proxy statement and filings with the Securities and Exchange Commission can also be found at this website. TrustCo Bank Corp NY is a $5.2 billion savings and loan holding company and through its subsidiary, Trustco Bank, operates 148 offices in New York, New Jersey, Vermont, Massachusetts, and Florida. For more information, visit www.trustcobank.com.
The SAFE Banking Act is gaining traction again, as House Majority Leader Steny Hoyer is expected to bring the banking bill to the House floor for a vote.
TrustCo Bank Corp NY (NASDAQ:TRST) stock is about to trade ex-dividend in 3 days time. You will need to purchase...
On August 24, a Forbes article discussed Andrew Yang’s 2020 election campaign rolling out limited edition marijuana-themed merchandise.
The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today declared a quarterly cash dividend of $0.068125 per share, or $0.2725 per share on an annualized basis. This dividend sustains the increased rate of return to our shareholders that the Company announced in August of 2018. The dividend will be payable on October 1, 2019 to shareholders of record at the close of business on September 6, 2019. TrustCo has paid a cash dividend every year since 1904. Chairman, President and Chief Executive Officer Robert J. McCormick said: “We are very pleased that our company’s performance has enabled us to again provide our shareholders with a strong cash dividend. TrustCo’s board and management team remain confident in the strength of the Company’s balance sheet.
If you buy and hold a stock for many years, you'd hope to be making a profit. Better yet, you'd like to see the share...
GLENVILLE, N.Y., July 22, 2019 -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) · TrustCo Bank Corp NY today announced second quarter 2019 net income of $14.7 million or $0.151.
The call will also be audio webcast at https://services.choruscall.com/links/trst190723.html, and will be available for one year. The earnings press release will be posted on the Company’s Investor Relations website at: http://www.snl.com/irweblinkx/corporateprofile.aspx?iid=100465. Other information, including the Company’s most recent annual report, proxy statement and filings with the Securities and Exchange Commission can also be found at this website. TrustCo Bank Corp NY is a $5.2 billion savings and loan holding company and through its subsidiary, Trustco Bank, operates 148 offices in New York, New Jersey, Vermont, Massachusetts, and Florida. For more information, visit www.trustcobank.com.