Northeast Indiana Bancorp (OTCMKTS:NIDB) Stock Price Up 0.4% – Should You Buy?

Northeast Indiana Bancorp Inc. (OTCMKTS:NIDB) shares traded up 0.4% on Tuesday . The company traded as high as $24.85 and last traded at $24.85. Approximately 400 shares traded hands during mid-day trading, an increase of 22% from the average session volume of 328 shares. The stock had previously closed at $24.75.

Northeast Indiana Bancorp Stock Up 0.4%

The firm has a market capitalization of $58.40 million, a P/E ratio of 8.31 and a beta of 0.16. The firm’s 50-day simple moving average is $24.05 and its 200-day simple moving average is $23.40.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.80 EPS for the quarter. The company had revenue of $5.71 million during the quarter.

Northeast Indiana Bancorp Company Profile

Northeast Indiana Bancorp, Inc operates as the bank holding company for First Federal Savings Bank that provides various banking and financial advisory services. The company offers checking accounts, savings accounts, retirement accounts, health savings accounts, and direct deposits, as well as certificates of deposit. It also provides mortgage, refinance, new construction, and home equity loans; auto, recreational vehicle, and unsecured loans; and revolving lines of credit, term loans, real estate loans, letter of credit, and small business administration loans, as well as debit and credit cards.