Sturgis Bancorp (OTCMKTS:STBI) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Sturgis Bancorp Inc. (OTCMKTS:STBI)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $23.48 and traded as high as $23.60. Sturgis Bancorp shares last traded at $23.45, with a volume of 680 shares traded.

Sturgis Bancorp Trading Up 0.6%

The company has a market capitalization of $51.18 million, a P/E ratio of 6.84 and a beta of 0.11. The business has a 50 day moving average price of $23.51 and a 200 day moving average price of $21.63.

Sturgis Bancorp (OTCMKTS:STBI) last released its quarterly earnings data on Thursday, February 26th. The financial services provider reported $0.93 earnings per share for the quarter. The firm had revenue of $11.20 million for the quarter.

Sturgis Bancorp Company Profile

Sturgis Bancorp, Inc is the bank holding company for Sturgis Bank & Trust, a community-oriented financial institution headquartered in Sturgis, Michigan. Through its wholly owned subsidiary, the company offers a full suite of banking services tailored to the needs of individuals, families and local businesses. Its primary focus is on providing personalized banking solutions that reflect its deep roots in southwestern Michigan.

The company’s product lineup includes traditional deposit accounts such as checking, savings and money market accounts, alongside certificates of deposit.