Dacotah Banks (OTCMKTS:DBIN) Stock Price Down 1.2% – Here’s Why

Dacotah Banks, Inc. (OTCMKTS:DBIN)’s stock price traded down 1.2% during mid-day trading on Wednesday . The company traded as low as $42.00 and last traded at $42.00. 2,000 shares were traded during mid-day trading, an increase of 307% from the average session volume of 492 shares. The stock had previously closed at $42.50.

Dacotah Banks Price Performance

The firm has a 50-day moving average of $42.69 and a 200 day moving average of $40.06. The stock has a market capitalization of $473 million, a price-to-earnings ratio of 16.10 and a beta of -0.06.

Dacotah Banks Company Profile

Dacotah Banks (OTCMKTS:DBIN) is a state-chartered, FDIC-insured community bank headquartered in Huron, South Dakota. Through its branch network in eastern South Dakota and western Minnesota, the bank offers a range of personal banking services, including checking and savings accounts, consumer lending and residential mortgage solutions. Online and mobile banking platforms complement these offerings with tools such as mobile deposit, electronic statements and bill pay.

On the commercial side, Dacotah Banks provides business and agricultural lending, treasury management, merchant services and cash management solutions.