Sturgis Bancorp (OTCMKTS:STBI) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Sturgis Bancorp, Inc. (OTCMKTS:STBI)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $17.99 and traded as high as $18.18. Sturgis Bancorp shares last traded at $18.15, with a volume of 850 shares.

Sturgis Bancorp Stock Up 0.3 %

The firm has a market capitalization of $39.15 million, a PE ratio of 75.63 and a beta of 0.43. The business has a 50-day moving average price of $17.99 and a 200-day moving average price of $17.21.

Sturgis Bancorp (OTCMKTS:STBI) last announced its quarterly earnings data on Friday, October 18th. The financial services provider reported $0.72 earnings per share (EPS) for the quarter. The firm had revenue of $9.40 million during the quarter.

Sturgis Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 15th were given a $0.17 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.68 annualized dividend and a yield of 3.75%. Sturgis Bancorp’s payout ratio is 283.33%.

Sturgis Bancorp Company Profile

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.