Southern Michigan Bancorp, Inc. (OTCMKTS:SOMC – Get Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $16.71 and traded as low as $16.70. Southern Michigan Bancorp shares last traded at $16.80, with a volume of 3,764 shares changing hands.
Southern Michigan Bancorp Price Performance
The business has a 50-day simple moving average of $17.43 and a 200 day simple moving average of $16.71. The firm has a market cap of $76.94 million, a P/E ratio of 7.00 and a beta of 0.28. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.93 and a current ratio of 0.93.
Southern Michigan Bancorp (OTCMKTS:SOMC – Get Free Report) last announced its earnings results on Monday, February 12th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter. Southern Michigan Bancorp had a return on equity of 11.76% and a net margin of 14.88%. The firm had revenue of $12.41 million during the quarter.
Southern Michigan Bancorp Increases Dividend
Southern Michigan Bancorp Company Profile
Southern Michigan Bancorp, Inc operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest Michigan communities. Its deposit products include interest and non-interest checking, savings, and various types of money market accounts; time, savings, and demand deposits; and certificates of deposit and IRAs.
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