Ottawa Bancorp (OTCMKTS:OTTW) Trading Down 0.1% – Should You Sell?

Ottawa Bancorp (OTCMKTS:OTTWGet Free Report) dropped 0.1% during mid-day trading on Wednesday . The stock traded as low as $14.95 and last traded at $14.98. Approximately 5,614 shares traded hands during trading, an increase of 201% from the average daily volume of 1,865 shares. The stock had previously closed at $15.00.

Ottawa Bancorp Price Performance

The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.51. The company has a 50 day simple moving average of $14.66 and a 200-day simple moving average of $14.50. The stock has a market cap of $35.65 million, a price-to-earnings ratio of 37.45 and a beta of 0.29.

Ottawa Bancorp (OTCMKTS:OTTWGet Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.19 earnings per share (EPS) for the quarter. Ottawa Bancorp had a return on equity of 2.28% and a net margin of 5.26%. The business had revenue of $2.67 million for the quarter.

Ottawa Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Wednesday, June 4th were paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 2.94%. Ottawa Bancorp’s payout ratio is 110.00%.

About Ottawa Bancorp

(Get Free Report)

Ottawa Bancorp, Inc operates as the bank holding company for OSB Community Bank, a savings bank that provides various financial services to individual and corporate customers in Illinois. The company's deposit products include saving, checking, money market, and interest-bearing accounts, as well as certificate of deposit.

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