Peoples Bancorp Gains 25.6% in Six Months: How to Play the Stock?

Peoples Bancorp of North Carolina, Inc.’s (PEBK) investors have been experiencing some short-term gains from the stock lately, despite its bumpy ride over recent months. Shares of the Newton, NC-based bank holding company for Peoples Bank, a state-chartered commercial bank, gained 25.6% compared with the industry’s 4.7% rise in the past six months. It has also outperformed the sector and the S&P 500’s gain of 5.9% and 11.4%, respectively, in the same time frame.A major recent development of PEBK includes th ...