Northeast Indiana Bancorp (OTCMKTS:NIDB) Trading Up 0.9% – Should You Buy?

Northeast Indiana Bancorp Inc. (OTCMKTS:NIDB)’s stock price was up 0.9% on Wednesday . The company traded as high as $22.86 and last traded at $22.20. Approximately 200 shares traded hands during trading, a decline of 70% from the average daily volume of 659 shares. The stock had previously closed at $22.00.

Northeast Indiana Bancorp Price Performance

The company’s 50 day moving average is $21.24 and its 200 day moving average is $20.22. The stock has a market cap of $52.61 million, a price-to-earnings ratio of 8.41 and a beta of 0.17.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last issued its earnings results on Tuesday, January 27th. The company reported $0.75 earnings per share for the quarter. The company had revenue of $5.42 million for the quarter.

Northeast Indiana Bancorp Company Profile

Northeast Indiana Bancorp, Inc operates as the bank holding company for First Federal Savings Bank that provides various banking and financial advisory services. The company offers checking accounts, savings accounts, retirement accounts, health savings accounts, and direct deposits, as well as certificates of deposit. It also provides mortgage, refinance, new construction, and home equity loans; auto, recreational vehicle, and unsecured loans; and revolving lines of credit, term loans, real estate loans, letter of credit, and small business administration loans, as well as debit and credit cards.