Sturgis Bancorp (OTCMKTS:STBI) Share Price Passes Below Two Hundred Day Moving Average of $20.91

Sturgis Bancorp, Inc. (OTCMKTS:STBI – Get Rating)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $20.91 and traded as low as $20.50. Sturgis Bancorp shares last traded at $20.50, with a volume of 602 shares traded.

Sturgis Bancorp Price Performance

The stock has a market cap of $43.89 million, a price-to-earnings ratio of 6.61 and a beta of 0.45. The business’s fifty day simple moving average is $22.00 and its 200 day simple moving average is $20.91.

Sturgis Bancorp (OTCMKTS:STBI – Get Rating) last released its quarterly earnings data on Monday, January 23rd. The financial services provider reported $0.87 EPS for the quarter. The business had revenue of $8.71 million during the quarter.

Sturgis Bancorp Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 15th. Shareholders of record on Wednesday, February 15th were issued a $0.17 dividend. This represents a yield of 2.96%. The ex-dividend date of this dividend was Tuesday, February 14th. Sturgis Bancorp’s dividend payout ratio is presently 21.94%.

Sturgis Bancorp Company Profile

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Sturgis Bancorp, Inc is a bank holding company of Sturgis Bank & Trust Company, which engages in accepting deposits from the general public and making single family mortgage loans, as well as consumer and commercial loans. It operates through the following portfolio segments: Commercial, Commercial Real Estate and Commercial Construction, Consumer, Residential and Residential Construction, and Home Equity.