Once shunned by investors, Midlantic Corp. shares are trading at their highest price of the year.

The advance has pushed the stock 25% higher in the past two weeks. The streak continued Tuesday, as the stock rose 62.5 cents, to $21.25, or about 120% of book value.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.