Blackhawk Bancorp (OTCMKTS:BHWB) Shares Cross Below 200 Day Moving Average – Time to Sell?

Blackhawk Bancorp Inc. (OTCMKTS:BHWB – Get Free Report) crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $33.35 and traded as low as $33.35. Blackhawk Bancorp shares last traded at $33.35, with a volume of 500 shares traded.

Blackhawk Bancorp Price Performance

The firm’s 50-day simple moving average is $33.35 and its 200 day simple moving average is $33.35.

Blackhawk Bancorp Company Profile

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Blackhawk Bancorp, Inc was a bank holding company headquartered in Beloit, Wisconsin. Through its subsidiary, Blackhawk Bank, the company provided community banking services to individuals, families, businesses and organizations in southern Wisconsin and northern Illinois.

Blackhawk Bank’s products and services included deposit accounts, residential and commercial real estate lending, business loans, consumer loans, wealth management and other traditional banking services. The institution emphasized relationship-based banking and served markets including Beloit and surrounding Wisconsin communities, as well as the Rockford, Illinois, area.

In 2022, Blackhawk Bancorp completed a merger with First Merchants Corporation.

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