Dacotah Banks (OTCMKTS:DBIN) Shares Up 9.3% – Should You Buy?

Dacotah Banks, Inc. (OTCMKTS:DBIN)’s share price was up 9.3% on Monday . The company traded as high as $44.4738 and last traded at $44.4738. Approximately 4,301 shares traded hands during mid-day trading, an increase of 1,327% from the average daily volume of 301 shares. The stock had previously closed at $40.70.

Dacotah Banks Stock Up 9.3%

The company has a 50 day simple moving average of $39.56 and a 200 day simple moving average of $38.21. The company has a market capitalization of $489.21 million, a price-to-earnings ratio of 11.83 and a beta of -0.06.

Dacotah Banks (OTCMKTS:DBIN) last released its quarterly earnings data on Wednesday, November 12th. The company reported $1.08 earnings per share for the quarter. The firm had revenue of $48.81 million during the quarter.

Dacotah Banks Company Profile

Dacotah Banks (OTCMKTS:DBIN) is a state-chartered, FDIC-insured community bank headquartered in Huron, South Dakota. Through its branch network in eastern South Dakota and western Minnesota, the bank offers a range of personal banking services, including checking and savings accounts, consumer lending and residential mortgage solutions. Online and mobile banking platforms complement these offerings with tools such as mobile deposit, electronic statements and bill pay.

On the commercial side, Dacotah Banks provides business and agricultural lending, treasury management, merchant services and cash management solutions.