Auburn National Bancorporation (NASDAQ:AUBN) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Shares of Auburn National Bancorporation, Inc. (NASDAQ:AUBN) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $24.48 and traded as high as $25.60. Auburn National Bancorporation shares last traded at $25.80, with a volume of 450 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Auburn National Bancorporation in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Auburn National Bancorporation Trading Down 2.6%

The stock has a market cap of $90.15 million, a PE ratio of 12.59 and a beta of 0.50. The business has a fifty day simple moving average of $26.35 and a two-hundred day simple moving average of $24.48.

Auburn National Bancorporation (NASDAQ:AUBN) last released its quarterly earnings results on Thursday, October 23rd. The financial services provider reported $0.64 earnings per share for the quarter. The company had revenue of $8.40 million for the quarter. Auburn National Bancorporation had a return on equity of 8.67% and a net margin of 15.43%.

Institutional Trading of Auburn National Bancorporation

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Bridgeway Capital Management LLC increased its stake in shares of Auburn National Bancorporation by 2.1% in the 2nd quarter. Bridgeway Capital Management LLC now owns 28,693 shares of the financial services provider’s stock worth $743,000 after acquiring an additional 588 shares in the last quarter. Empowered Funds LLC grew its holdings in Auburn National Bancorporation by 8.4% in the first quarter. Empowered Funds LLC now owns 12,105 shares of the financial services provider’s stock worth $261,000 after purchasing an additional 935 shares during the period. Vanguard Group Inc. increased its stake in shares of Auburn National Bancorporation by 3.2% during the third quarter. Vanguard Group Inc. now owns 77,085 shares of the financial services provider’s stock valued at $2,090,000 after purchasing an additional 2,402 shares in the last quarter. Finally, Truffle Hound Capital LLC lifted its holdings in shares of Auburn National Bancorporation by 65.6% during the third quarter. Truffle Hound Capital LLC now owns 46,580 shares of the financial services provider’s stock valued at $1,263,000 after purchasing an additional 18,460 shares during the last quarter. 39.46% of the stock is owned by hedge funds and other institutional investors.

About Auburn National Bancorporation

Auburn National Bancorporation, Inc operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company offers checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; and other financial services.