Why Did NBC Bancorp Inc (OTCMKTS:NCXS) stock Jump 9% On Monday?

The NBC Bancorp Inc (OTCMKTS:NCXS) stock started the week off on a strong note on Monday and ended the day with gains of as much as 9% as investors moved in on it. The company came into focus yesterday after it announced that it had appointed a new Chief Compliance Officer in the form of Sarah Hodgens.

Market Action

On Monday, NCXS stock ended flat at $55 with more than 120 shares, compared to its average volume of 9 shares. The stock moved within a range of $55.00 – 55.00 after opening trade at $55.

National Bank of Coxsackie Announces New Chief Compliance Officer

The appointment was for a highly important position and it seems that investors were optimistic about the whole thing. It is going to be interesting to see if the stock can continue to add to its gains over the course of the coming days or not. In this situation, it could be a good move for investors to consider taking a look at the credentials of Hodgens as an executive.

She is a highly experienced executive and her experience spans almost two decades in the banking industry. Hodgens joined NBC Bancorp from Ascentra Credit Union, where she had been employed in the position of the Vice President of Compliance. Prior to that, she had worked at the First Niagara Bank and at the New York Credit Union Association. It may be a good move for investors to keep an eye on the NBC Bancorp stock today.

Key Quote

“I appreciate the opportunity to join the National Bank of Coxsackie” Hodgens said, “I look forward to leading the bank’s compliance initiatives while promoting the high level of customer service NBC’s customers have come to expect.”

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