Bogota Financial (NASDAQ:BSBK) Issues Earnings Results

Bogota Financial (NASDAQ:BSBK) released its quarterly earnings data on Monday. The company reported $0.04 EPS for the quarter, Zacks reports. Bogota Financial had a negative net margin of 0.27% and a negative return on equity of 0.09%.

Bogota Financial Stock Performance

Bogota Financial stock remained flat at $8.67 on Monday. The company’s stock had a trading volume of 2,295 shares, compared to its average volume of 5,144. Bogota Financial has a fifty-two week low of $6.59 and a fifty-two week high of $9.50. The stock has a market capitalization of $112.78 million, a price-to-earnings ratio of -867,000.00 and a beta of 0.27. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.07 and a current ratio of 1.07. The firm has a 50-day moving average of $9.08 and a two-hundred day moving average of $8.16.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Bogota Financial in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Bogota Financial Company Profile

Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States. It offers deposit accounts, including demand accounts, savings accounts, money market accounts, and certificate of deposit accounts. The company also provides one-to four-family residential real estate loans, and commercial real estate and multi-family loans; consumer loans, such as home equity loans and lines of credit; commercial and industrial loans; and construction loans; and buys, sells, and holds investment securities.