Sturgis Bancorp (OTCMKTS:STBI) Stock Passes Above 50 Day Moving Average – Here’s Why

Shares of Sturgis Bancorp Inc. (OTCMKTS:STBIGet Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $24.10 and traded as high as $24.87. Sturgis Bancorp shares last traded at $24.86, with a volume of 609 shares trading hands.

Sturgis Bancorp Trading Up 0.0%

The company has a 50 day moving average of $24.10 and a 200 day moving average of $22.16. The firm has a market cap of $53.97 million, a price-to-earnings ratio of 6.79 and a beta of 0.18.

Sturgis Bancorp (OTCMKTS:STBIGet Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The financial services provider reported $0.88 EPS for the quarter. The company had revenue of $10.96 million during the quarter.

Sturgis Bancorp Company Profile

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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.

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