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

Jeffersonville Bancorp (OTCMKTS:JFBC) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $21.79 and traded as high as $22.50. Jeffersonville Bancorp shares last traded at $22.50, with a volume of 900 shares changing hands.

Jeffersonville Bancorp Stock Up 1.1%

The company has a market cap of $96.32 million, a P/E ratio of 8.18 and a beta of 0.23. The company’s 50-day moving average is $21.84 and its two-hundred day moving average is $21.24.

Jeffersonville Bancorp (OTCMKTS:JFBC) last released its quarterly earnings results on Thursday, November 13th. The bank reported $0.78 earnings per share for the quarter. Jeffersonville Bancorp had a return on equity of 12.72% and a net margin of 34.98%.

Jeffersonville Bancorp Increases Dividend

The business also recently announced a dividend, which was paid on Friday, October 3rd. Stockholders of record on Friday, September 26th were paid a $0.25 dividend. The ex-dividend date was Thursday, September 25th. This is a positive change from Jeffersonville Bancorp’s previous dividend of $0.15. This represents a dividend yield of 461.0%. Jeffersonville Bancorp’s dividend payout ratio (DPR) is currently 21.20%.

About Jeffersonville Bancorp

Jeffersonville Bancorp operates as the bank holding company for Jeff Bank that provides community banking services to individuals, small businesses, and local municipal governments primarily in Sullivan County, New York. The company offers various deposit products, such as checking, money market, savings, and NOW, as well as demand and time deposits.