Is Bridgewater Bancshares, Inc. (BWB) a Buy? The Stock Reaches 52-Week High Today

The stock of Bridgewater Bancshares, Inc. (NASDAQ:BWB) hit a new 52-week high and has $13.51 target or 7.00 % above today’s $12.63 share price. The 8 months bullish chart indicates low risk for the $363.51M company. The 1-year high was reported on Oct, 30 by Barchart.com. If the $13.51 price target is reached, the company will be worth $25.45M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.24% or $0.03 during the last trading session, reaching $12.63. About 63,339 shares traded. Bridgewater Bancshares, Inc. (NASDAQ:BWB) has 0.00% since October 30, 2018 and is . It has by 0.00% the S&P500.

More notable recent Bridgewater Bancshares, Inc. (NASDAQ:BWB) news were published by: Businesswire.com which released: “Bridgewater Bancshares, Inc., Announces Stock Repurchase Program – Business Wire” on January 24, 2019, also Finance.Yahoo.com with their article: “Do Insiders Own Shares In Bridgewater Bancshares, Inc. (NASDAQ:BWB)? – Yahoo Finance” published on October 23, 2019, Finance.Yahoo.com published: “BWB vs. CBU: Which Stock Is the Better Value Option? – Yahoo Finance” on August 15, 2019. More interesting news about Bridgewater Bancshares, Inc. (NASDAQ:BWB) were released by: Finance.Yahoo.com and their article: “Why Should You Buy Mid-Cap ETFs – Yahoo Finance” published on August 23, 2019 as well as Finance.Yahoo.com‘s news article titled: “Does Polar Power (NASDAQ:POLA) Have A Healthy Balance Sheet? – Yahoo Finance” with publication date: September 24, 2019.

Bridgewater Bancshares, Inc. operates as the bank holding firm for Bridgewater Bank that provides banking services and products to commercial real estate investors, small business entrepreneurs, and high-net-worth individuals in the United States. The company has market cap of $363.51 million. It offers saving and money market, time, interest and noninterest bearing transaction, and brokered deposits. It has a 12.52 P/E ratio. The firm also provides commercial loans to sole proprietorships, partnerships, firms, and other business enterprises to finance accounts receivable or inventory, capital assets, or other business related purposes; construction and land development loans; 1-4 family mortgage loans; multifamily lending products; owner and non-owner occupied commercial real estate loans; and consumer and other loans.

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