Northeast Indiana Bancorp (OTCMKTS:NIDB) Stock Price Down 1.8% – Should You Sell?

Northeast Indiana Bancorp Inc. (OTCMKTS:NIDB)’s stock price dropped 1.8% on Friday . The stock traded as low as $23.80 and last traded at $23.80. 150 shares changed hands during trading, a decline of 71% from the average session volume of 509 shares. The stock had previously closed at $24.24.

Northeast Indiana Bancorp Stock Performance

The company has a market capitalization of $55.93 million, a price-to-earnings ratio of 8.26 and a beta of 0.16. The business’s 50-day simple moving average is $23.93 and its 200-day simple moving average is $22.83.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last issued its earnings results on Tuesday, April 28th. The company reported $0.68 earnings per share (EPS) for the quarter. The business had revenue of $5.42 million during the quarter.

About Northeast Indiana Bancorp

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.