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Pioneer Bancorp Inc. (PBFS) stock has reached a new 52-week high, trading at $12.15, signaling a period of robust performance for the company. With a market capitalization of $298 million and a P/E ratio of 16.2, InvestingPro analysis suggests the stock is trading slightly above its Fair Value. This milestone reflects a significant uptrend in the company’s market valuation, with a remarkable 1-year total return of 29.91% and a year-to-date gain of 3.3%. Investors have shown increased confidence in Pioneer Bancorp’s strategic initiatives and growth prospects, as evidenced by the stock’s impressive climb from its 52-week low of $8.76. The achievement of this 52-week high marks a noteworthy event for the company and its shareholders, as it encapsulates a year of positive momentum and investor optimism. InvestingPro analysts have identified several additional key metrics and insights available to subscribers, including two crucial ProTips about the company’s valuation and profitability metrics.
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