Sturgis Bancorp (OTCMKTS:STBI) Stock Crosses Above Fifty 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 Thursday . The stock has a 50 day moving average of $20.28 and traded as high as $20.77. Sturgis Bancorp shares last traded at $20.77, with a volume of 1,000 shares trading hands.

Sturgis Bancorp Price Performance

The stock has a 50-day moving average price of $20.28 and a 200-day moving average price of $19.27. The company has a market capitalization of $44.99 million, a price-to-earnings ratio of 6.06 and a beta of 0.13.

Sturgis Bancorp (OTCMKTS:STBIGet Free Report) last posted its quarterly earnings results on Tuesday, October 21st. The financial services provider reported $1.09 earnings per share for the quarter. The business had revenue of $10.75 million during the quarter.

About Sturgis Bancorp

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Sturgis Bancorp, Inc operates as the bank holding company for Sturgis Bank & Trust Company that provides banking products and services in Michigan, the United States. The company offers checking, savings and health savings, and money market accounts; and certificates of deposit and individual retirement accounts.

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