Ottawa Bancorp (OTCMKTS:OTTW) Trading Up 0.9% – Here’s Why

Ottawa Bancorp (OTCMKTS:OTTW)’s share price was up 0.9% during trading on Monday . The company traded as high as $15.00 and last traded at $15.00. Approximately 1,300 shares traded hands during trading, an increase of 118% from the average daily volume of 596 shares. The stock had previously closed at $14.86.

Ottawa Bancorp Trading Up 0.9%

The company has a debt-to-equity ratio of 0.44, a current ratio of 1.11 and a quick ratio of 1.11. The business has a 50 day moving average of $14.42 and a 200 day moving average of $14.82. The firm has a market capitalization of $34.50 million, a price-to-earnings ratio of 20.83 and a beta of 0.07.

Ottawa Bancorp (OTCMKTS:OTTW) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.14 EPS for the quarter. Ottawa Bancorp had a return on equity of 4.28% and a net margin of 9.15%.The business had revenue of $2.99 million during the quarter.

About Ottawa Bancorp

Ottawa Bancorp, Inc (OTCMKTS:OTTW) is the bank holding company of Ottawa Savings Bank, a community-focused financial institution headquartered in Ottawa, Ohio. Operating under a mutual holding company structure, Ottawa Bancorp emphasizes personalized service, local decision-making and reinvestment in the communities it serves.

Through Ottawa Savings Bank, the company provides a broad range of retail and commercial banking products, including checking and savings accounts, certificates of deposit, consumer lines of credit and residential mortgage loans.