Is This Stock a Screaming Buy: Southern National Bancorp of Virginia Inc. (NASDAQ:SONA)

Equity Research firms currently have a positive stance on shares of Southern National Bancorp of Virginia Inc. (NASDAQ:SONA). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $14.50 on a short term basis.

At the time of writing, the stock was trading at $13.10. This represents a change from the opening price of -0.11%. In terms of performance, year to date, the stock is 0.08%. The monthly stock performance comes in at 0.85%. For the quarter, shares are performing at 6.43%. Weekly performance analysis shows the equity at 1.71%.

In taking a look at technical levels, shares are trading 1.90% away from the 50 day simple moving average and 4.32% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -3.57% away from it’s 52- week high and 17.32% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Southern National Bancorp of Virginia Inc.’s RSI stands at 57.37. In looking at volatility levels, the shares saw weekly volatility of 1.47% and 1.63% over the past month.

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