Evans Bancorp (NYSEAMERICAN:EVBN) Stock Price Up 2.3% – Time to Buy?

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN)’s share price traded up 2.3% during mid-day trading on Friday . The stock traded as high as $39.68 and last traded at $39.49. 34,406 shares changed hands during trading, an increase of 26% from the average session volume of 27,275 shares. The stock had previously closed at $38.60.

Evans Bancorp Price Performance

The firm has a market capitalization of $218.77 million, a P/E ratio of 11.86 and a beta of 0.92. The business’s 50-day simple moving average is $39.49 and its 200 day simple moving average is $39.49. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.86.

About Evans Bancorp

Evans Bancorp, Inc is the bank holding company for Evans Bank, a New York-chartered commercial bank headquartered in East Aurora, New York. Through its subsidiary, the company provides a full range of financial services, including deposit accounts, consumer and residential mortgage lending, and commercial lending solutions. Evans Bancorp operates under the regulatory supervision of the Federal Reserve and the New York State Department of Financial Services.

Evans Bank’s product portfolio encompasses checking and savings accounts, certificates of deposit, and money market accounts designed for both individual customers and small- to mid-sized businesses.