Business & Tech
Short Hills: Investors Bancorp Announces New 52-Week High
The local company employs 1,704 workers.
Short Hills-based Investors Bancorp Inc. announced that it hit a new 52-week high on May 19, reaching a peak of $12.24, after opening at $12.18 and closing at $12.21, for a move of 0.49 percent.
According to a release on Tuesday, the new high came on a volume of 3.12 million for a stock that has a float of 348.75 million shares and an average daily volume of $2.48 million.
Investors Bancorp now has a P/E ratio of 30.4, the release stated.
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The Short Hills-based company has around 1,704 employees, and is helmed by CEO Kevin Cummings, according to a release.
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