Sturgis Bancorp (OTCMKTS:STBI) Shares Cross Above 50-Day Moving Average – Time to Sell?

Sturgis Bancorp Inc. (OTCMKTS:STBIGet Free Report)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $26.43 and traded as high as $29.20. Sturgis Bancorp shares last traded at $28.89, with a volume of 6,043 shares trading hands.

Sturgis Bancorp Price Performance

The company’s 50-day moving average price is $26.52 and its two-hundred day moving average price is $24.32. The company has a market capitalization of $62.72 million, a price-to-earnings ratio of 7.12 and a beta of 0.17.

Sturgis Bancorp (OTCMKTS:STBIGet Free Report) last released its earnings results on Monday, July 13th. The financial services provider reported $1.16 earnings per share (EPS) for the quarter. The firm had revenue of $10.87 million during the quarter.

Sturgis Bancorp Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Sturgis Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sturgis Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.