Today, 45 companies’ share price reached a new 52-week low. Of these companies, these are the ones that may present an opportunity at the current price:
Community Bankers Trust (BTC, Financial)
Community Bankers Trust is a bank holding company for Essex Bank. The Bank engages in commercial banking business and provides a range of financial services primarily to individuals and small businesses. On January 30, 2009, the Bank acquired Suburban Federal Savings Bank, Crofton, Maryland. Essex Services sells title insurance to the Bank’s mortgage loan customers. Essex Services also offers insurance products through an ownership interest in Bankers Insurance and investment products through an affiliation with VBA Investments.
Tejon Ranch (TRC, Financial)
Tejon Ranch owns around 270,000 acres of land north of Los Angeles. Although at one time used almost exclusively for agricultural purposes, the majority of income is now earned through transactions related to real estate. The company owns and operates an industrial complex on the land, which leases space to industrial and commercial users, as well as ranching and recreational facilities. Agricultural operations still produce significant portions of revenue, earned through the sale of fruits, vegetables and nuts to commercial buyers.
Disclosure: The author holds shares in Community Bankers Trust (BTC)
Community Bankers Trust (BTC, Financial)
Community Bankers Trust is a bank holding company for Essex Bank. The Bank engages in commercial banking business and provides a range of financial services primarily to individuals and small businesses. On January 30, 2009, the Bank acquired Suburban Federal Savings Bank, Crofton, Maryland. Essex Services sells title insurance to the Bank’s mortgage loan customers. Essex Services also offers insurance products through an ownership interest in Bankers Insurance and investment products through an affiliation with VBA Investments.
Tejon Ranch (TRC, Financial)
Tejon Ranch owns around 270,000 acres of land north of Los Angeles. Although at one time used almost exclusively for agricultural purposes, the majority of income is now earned through transactions related to real estate. The company owns and operates an industrial complex on the land, which leases space to industrial and commercial users, as well as ranching and recreational facilities. Agricultural operations still produce significant portions of revenue, earned through the sale of fruits, vegetables and nuts to commercial buyers.
Disclosure: The author holds shares in Community Bankers Trust (BTC)
