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

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

Ottawa Bancorp Price Performance

The company’s 50 day simple moving average is $14.66 and its 200 day simple moving average is $14.50. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $35.65 million, a PE ratio of 37.45 and a beta of 0.29.

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

Ottawa Bancorp Dividend Announcement

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

Ottawa Bancorp Company Profile

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.