Evans Bancorp (NYSEAMERICAN:EVBN) Share Price Passes Below 50 Day Moving Average – What’s Next?

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $39.49 and traded as low as $39.10. Evans Bancorp shares last traded at $39.49, with a volume of 34,406 shares traded.

Evans Bancorp Price Performance

The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $218.77 million, a P/E ratio of 11.86 and a beta of 0.92. The business’s fifty day moving average price is $39.49 and its 200-day moving average price is $39.49.

About Evans Bancorp

Evans Bancorp, Inc is the bank holding company for Evans Bank, a New York-chartered commercial bank headquartered in East Aurora, New York. Through its subsidiary, the company provides a full range of financial services, including deposit accounts, consumer and residential mortgage lending, and commercial lending solutions. Evans Bancorp operates under the regulatory supervision of the Federal Reserve and the New York State Department of Financial Services.

Evans Bank’s product portfolio encompasses checking and savings accounts, certificates of deposit, and money market accounts designed for both individual customers and small- to mid-sized businesses.