Northeast Indiana Bancorp (OTCMKTS:NIDB) Shares Up 1.5% – Still a Buy?

Northeast Indiana Bancorp Inc. (OTCMKTS:NIDB)’s stock price was up 1.5% during mid-day trading on Tuesday. The company traded as high as $24.56 and last traded at $24.56. Approximately 800 shares changed hands during mid-day trading, The stock had previously closed at $24.20.

Northeast Indiana Bancorp Trading Up 1.5%

The firm has a fifty day simple moving average of $24.14 and a 200 day simple moving average of $23.29.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last released its earnings results on Tuesday, July 28th. The company reported $0.80 earnings per share for the quarter. The firm had revenue of $5.71 million for the quarter.

About Northeast Indiana Bancorp

Northeast Indiana Bancorp, Inc is a bank holding company headquartered in Huntington, Indiana. Through its subsidiary, First Federal Savings Bank, the company provides banking and financial services to individuals, families, and businesses in northeast Indiana.

First Federal Savings Bank offers deposit products, residential mortgage loans, consumer lending, commercial and agricultural loans, and financing for residential and commercial real estate. The bank also provides business banking services and other financial products through its branch network and digital banking channels.

Founded in 1890, First Federal Savings Bank has a long history of serving communities in Huntington and surrounding areas, including parts of Allen, Wabash, and Wells counties.