NSTS Bancorp (NASDAQ:NSTS) Shares Down 0.1% – Here’s What Happened

Shares of NSTS Bancorp, Inc. (NASDAQ:NSTS) were down 0.1% on Tuesday . The stock traded as low as $13.72 and last traded at $13.7150. Approximately 1,272 shares changed hands during trading, a decline of 96% from the average daily volume of 33,400 shares. The stock had previously closed at $13.73.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of NSTS Bancorp in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

NSTS Bancorp Price Performance

The business has a 50 day simple moving average of $12.87 and a 200 day simple moving average of $12.42. The company has a market capitalization of $72.14 million, a price-to-earnings ratio of -685.41 and a beta of 0.22.

NSTS Bancorp (NASDAQ:NSTS) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.01) earnings per share for the quarter. NSTS Bancorp had a negative net margin of 0.72% and a negative return on equity of 0.12%. The firm had revenue of $2.51 million during the quarter.

Hedge Funds Weigh In On NSTS Bancorp

Institutional investors have recently bought and sold shares of the company. Alliancebernstein L.P. increased its stake in NSTS Bancorp by 0.6% during the third quarter. Alliancebernstein L.P. now owns 518,324 shares of the company’s stock worth $5,981,000 after purchasing an additional 3,022 shares during the period. Graham Capital Wealth Management LLC acquired a new stake in shares of NSTS Bancorp during the fourth quarter worth about $900,000. Finally, Renaissance Technologies LLC boosted its stake in shares of NSTS Bancorp by 21.5% in the fourth quarter. Renaissance Technologies LLC now owns 17,497 shares of the company’s stock valued at $227,000 after purchasing an additional 3,097 shares during the period. 23.70% of the stock is owned by institutional investors and hedge funds.

NSTS Bancorp Company Profile

NSTS Bancorp, Inc operates as a savings and loan holding company for North Shore Trust and Savings that provides banking products and services in Illinois. The company offers interest-bearing and noninterest-bearing checking, money market, savings, and time deposit accounts; and one- to four-family residential mortgage, multi-family and commercial real estate mortgage, construction, home equity, and consumer loans. It operates through full-service banking offices in Lake County, Illinois; and one loan production office in Chicago.