Ottawa Bancorp (OTCMKTS:OTTW) Stock Price Up 0.4% – Should You Buy?

Ottawa Bancorp (OTCMKTS:OTTW)’s stock price was up 0.4% on Thursday . The company traded as high as $15.41 and last traded at $15.41. 221 shares traded hands during mid-day trading, an increase of 43% from the average daily volume of 154 shares. The stock had previously closed at $15.35.

Ottawa Bancorp Stock Up 0.4%

The company’s 50 day simple moving average is $15.30 and its 200-day simple moving average is $14.83. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.43. The firm has a market cap of $35.44 million, a P/E ratio of 19.51 and a beta of 0.11.

Ottawa Bancorp (OTCMKTS:OTTW) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.26 EPS for the quarter. The firm had revenue of $3.15 million during the quarter. Ottawa Bancorp had a net margin of 9.69% and a return on equity of 4.68%.

About Ottawa Bancorp

Ottawa Bancorp, Inc (OTCMKTS:OTTW) is the bank holding company of Ottawa Savings Bank, a community-focused financial institution headquartered in Ottawa, Ohio. Operating under a mutual holding company structure, Ottawa Bancorp emphasizes personalized service, local decision-making and reinvestment in the communities it serves.

Through Ottawa Savings Bank, the company provides a broad range of retail and commercial banking products, including checking and savings accounts, certificates of deposit, consumer lines of credit and residential mortgage loans.