Sturgis Bancorp (OTCMKTS:STBI) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Shares of Sturgis Bancorp Inc. (OTCMKTS:STBIGet Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $19.92 and traded as high as $20.20. Sturgis Bancorp shares last traded at $20.17, with a volume of 403 shares traded.

Sturgis Bancorp Stock Performance

The firm has a market capitalization of $43.69 million, a price-to-earnings ratio of 5.88 and a beta of 0.15. The firm has a fifty day moving average price of $19.92 and a 200 day moving average price of $19.06.

Sturgis Bancorp (OTCMKTS:STBIGet Free Report) last announced its quarterly earnings data on Tuesday, October 21st. The financial services provider reported $1.09 earnings per share for the quarter. The business had revenue of $10.75 million for the quarter.

Sturgis Bancorp Company Profile

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Sturgis Bancorp, Inc operates as the bank holding company for Sturgis Bank & Trust Company that provides banking products and services in Michigan, the United States. The company offers checking, savings and health savings, and money market accounts; and certificates of deposit and individual retirement accounts.

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