Ottawa Bancorp (OTCMKTS:OTTW) Shares Down 0.1% – Here’s What Happened

Ottawa Bancorp (OTCMKTS:OTTW)’s stock price traded down 0.1% during mid-day trading on Thursday . The company traded as low as $15.53 and last traded at $15.53. 1,000 shares traded hands during mid-day trading, an increase of 27% from the average daily volume of 789 shares. The stock had previously closed at $15.5401.

Ottawa Bancorp Stock Down 0.1%

The firm has a fifty day moving average of $15.37 and a 200-day moving average of $14.89. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.43. The firm has a market cap of $35.72 million, a P/E ratio of 19.66 and a beta of 0.11.

Ottawa Bancorp (OTCMKTS:OTTW) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.26 earnings per share for the quarter. The firm had revenue of $3.15 million during the quarter. Ottawa Bancorp had a return on equity of 4.68% and a net margin of 9.69%.

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.