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

Sturgis Bancorp Inc. (OTCMKTS:STBI)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $24.17 and traded as high as $25.25. Sturgis Bancorp shares last traded at $25.25, with a volume of 1,595 shares.

Sturgis Bancorp Trading Down 0.6%

The company has a market capitalization of $54.79 million, a price-to-earnings ratio of 6.90 and a beta of 0.18. The company’s 50 day simple moving average is $24.17 and its 200-day simple moving average is $22.35.

Sturgis Bancorp (OTCMKTS:STBI) last released its earnings results on Wednesday, April 22nd. The financial services provider reported $0.88 earnings per share (EPS) for the quarter. The company had revenue of $10.96 million during the quarter.

Sturgis Bancorp Company Profile

Sturgis Bancorp, Inc is the bank holding company for Sturgis Bank & Trust, a community-oriented financial institution headquartered in Sturgis, Michigan. Through its wholly owned subsidiary, the company offers a full suite of banking services tailored to the needs of individuals, families and local businesses. Its primary focus is on providing personalized banking solutions that reflect its deep roots in southwestern Michigan.

The company’s product lineup includes traditional deposit accounts such as checking, savings and money market accounts, alongside certificates of deposit.