Sturgis Bancorp (OTCMKTS:STBI) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Sturgis Bancorp Inc. (OTCMKTS:STBI)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $23.48 and traded as high as $23.60. Sturgis Bancorp shares last traded at $23.45, with a volume of 680 shares.

Sturgis Bancorp Price Performance

The firm’s fifty day moving average price is $23.48 and its two-hundred day moving average price is $21.59. The stock has a market cap of $50.89 million, a price-to-earnings ratio of 6.80 and a beta of 0.11.

Sturgis Bancorp (OTCMKTS:STBI) last issued its earnings results on Thursday, February 26th. The financial services provider reported $0.93 EPS for the quarter. The firm had revenue of $11.20 million during the quarter.

Sturgis Bancorp Company Profile

Sturgis Bancorp, Inc is the bank holding company for Sturgis Bank & Trust, a community-oriented financial institution headquartered in Sturgis, Michigan. Through its wholly owned subsidiary, the company offers a full suite of banking services tailored to the needs of individuals, families and local businesses. Its primary focus is on providing personalized banking solutions that reflect its deep roots in southwestern Michigan.

The company’s product lineup includes traditional deposit accounts such as checking, savings and money market accounts, alongside certificates of deposit.