Ottawa Bancorp (OTCMKTS:OTTW) Shares Down 0.7% – Should You Sell?

Ottawa Bancorp (OTCMKTS:OTTW)’s share price was down 0.7% on Monday . The stock traded as low as $14.74 and last traded at $14.80. Approximately 9,100 shares traded hands during trading, an increase of 859% from the average daily volume of 949 shares. The stock had previously closed at $14.91.

Ottawa Bancorp Stock Down 0.7%

The company has a market cap of $33.89 million, a P/E ratio of 18.73 and a beta of 0.05. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.10 and a quick ratio of 1.10. The business’s 50 day moving average price is $14.79 and its 200-day moving average price is $15.22.

Ottawa Bancorp (OTCMKTS:OTTW) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.18 earnings per share for the quarter. Ottawa Bancorp had a return on equity of 4.70% and a net margin of 10.21%.The firm had revenue of $2.88 million during the quarter.

Ottawa Bancorp Company Profile

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.