Sturgis Bancorp (OTCMKTS:STBI) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Sturgis Bancorp, Inc. (OTCMKTS:STBI) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $17.99 and traded as high as $18.18. Sturgis Bancorp shares last traded at $18.15, with a volume of 850 shares trading hands.

Sturgis Bancorp Price Performance

The stock has a market capitalization of $39.15 million, a PE ratio of 75.63 and a beta of 0.43. The stock’s fifty day moving average is $17.99 and its 200-day moving average is $17.21.

Sturgis Bancorp (OTCMKTS:STBI) last posted its earnings results on Friday, October 18th. The financial services provider reported $0.72 EPS for the quarter. The business had revenue of $9.40 million for the quarter.

Sturgis Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 15th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 3.75%. The ex-dividend date of this dividend was Friday, November 15th. Sturgis Bancorp’s payout ratio is 283.33%.

Sturgis Bancorp Company Profile

Sturgis Bancorp, Inc operates as the bank holding company for Sturgis Bank & Trust Company that provides banking products and services in Michigan, the United States. The company offers checking, savings and health savings, and money market accounts; and certificates of deposit and individual retirement accounts.