Consumers Bancorp (OTCMKTS:CBKM) Stock Passes Below 50 Day Moving Average – Here’s What Happened

Consumers Bancorp, Inc. (OTCMKTS:CBKM)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $26.17 and traded as low as $25.4750. Consumers Bancorp shares last traded at $25.4750, with a volume of 1,572 shares traded.

Consumers Bancorp Stock Performance

The firm’s 50-day simple moving average is $26.17 and its 200-day simple moving average is $24.52.

About Consumers Bancorp

Consumers Bancorp, Inc is a bank holding company that provides commercial and consumer banking services through its wholly owned subsidiary, Consumers Bank. The company offers a range of deposit and lending products designed to meet the needs of individual customers and small- to mid-sized businesses.

Its deposit portfolio includes checking accounts, savings accounts, money market accounts and certificates of deposit. On the lending side, Consumers Bancorp extends commercial real estate loans, construction financing, industrial and agricultural credit, as well as residential mortgages and consumer installment loans.