Stock News Spotlight: Camden National Corporation (NASDAQ:CAC)

Camden National Corporation (NASDAQ:CAC) stock identified change of 24.93% away from 52-week low price and recently located move of -2.65% off 52-week high price. It has market worth of $702.42M and dividend yield of 2.87%. CAC stock has been recorded 2.82% away from 50 day moving average and 5.16% away from 200 day moving average. Moving closer, we can see that shares have been trading 0.89% off 20-day moving average.

On Jan. 8, 2020, Camden National Corporation (NASDAQ:CAC) will report financial and operating results for the quarter and year ended December 31, 2019 on Tuesday, January 28, 2020. A conference call and webcast will be held at 3:00 p.m. Eastern time on Tuesday, January 28, 2020 hosted by Gregory A. Dufour, President and Chief Executive Officer, and Deborah A. Jordan, Executive Vice President, Chief Operating Officer and Chief Financial Officer.

About Camden National Corporation

Camden National Corporation (NASDAQ:CAC) is the largest publicly traded bank holding company in Northern New England with $4.5 billion in assets and nearly 650 employees. Camden National Bank, its subsidiary, is a full-service community bank founded in 1875 in Camden, Maine. Dedicated to customers at every stage of their financial journey, the bank offers the latest in digital banking, complemented by personalized service with 61 banking centers, 24/7 live phone support, 71 ATMs, and lending offices in New Hampshire and Massachusetts. For the past two years, Camden National Bank was named Customer Experience Leader in U.S. Retail Banking by Greenwich Associates, and in 2019, it was the only New England based organization included in Sandler O’Neill’s Bank and Thrift Sm-All Star list of high-performing financial institutions. The Finance Authority of Maine has awarded Camden National Bank as Lender at Work for Maine for ten years. Comprehensive wealth management, investment and financial planning services are delivered by Camden National Wealth Management. To learn more, visit Member FDIC.

The Financial sector company, Camden National Corporation noticed change of 1.23% to $46 along volume of 44336 shares in last session compared to an average volume of 45.43K. The stock observed return of -0.13% in 5 days trading activity. The stock was at 4.36% over one month performance. CAC’s shares are at 9.81% for the quarter and driving a 19.76% return over the course of the past year and is now at -0.13% since this point in 2018.

The average volatility for the week at 1.92% and for month was at 1.49%. There are 15.27M shares outstanding and 14.81M shares are floated in market. Right now the stock beta is 0.77.

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