Evans Bancorp (NYSEAMERICAN:EVBN) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

Evans Bancorp, Inc. (NYSEAMERICAN:EVBNGet Free Report) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $39.49 and traded as low as $39.10. Evans Bancorp shares last traded at $39.49, with a volume of 34,406 shares.

Evans Bancorp Price Performance

The business’s 50 day moving average is $39.49 and its two-hundred day moving average is $39.49. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a market capitalization of $218.77 million, a PE ratio of 11.86 and a beta of 0.92.

Evans Bancorp Company Profile

(Get Free Report)

Evans Bancorp, Inc was a bank holding company headquartered in Williamsville, New York. Through its subsidiary, Evans Bank, the company provided community banking services to consumers, businesses and municipal organizations in Western New York.

Evans Bank offered deposit accounts, commercial and consumer loans, residential mortgages, home equity products and other traditional banking services. The bank also provided treasury management and related financial services designed to support small and mid-sized businesses, as well as personal banking customers.

Founded in 1920, Evans Bank developed a branch network serving communities primarily in Erie, Niagara and Chautauqua counties.

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