Northeast Indiana Bancorp (OTCMKTS:NIDB) Trading Down 1.8% – Time to Sell?

Northeast Indiana Bancorp Inc. (OTCMKTS:NIDB) dropped 1.8% on Friday . The company traded as low as $23.80 and last traded at $23.80. Approximately 150 shares changed hands during trading, a decline of 71% from the average daily volume of 509 shares. The stock had previously closed at $24.24.

Northeast Indiana Bancorp Stock Performance

The company has a fifty day simple moving average of $23.93 and a two-hundred day simple moving average of $22.83. The firm has a market capitalization of $55.93 million, a PE ratio of 8.26 and a beta of 0.16.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.68 EPS for the quarter. The firm had revenue of $5.42 million for the quarter.

Northeast Indiana Bancorp Company Profile

Northeast Indiana Bancorp, Inc operates as the bank holding company for First Federal Savings Bank that provides various banking and financial advisory services. The company offers checking accounts, savings accounts, retirement accounts, health savings accounts, and direct deposits, as well as certificates of deposit. It also provides mortgage, refinance, new construction, and home equity loans; auto, recreational vehicle, and unsecured loans; and revolving lines of credit, term loans, real estate loans, letter of credit, and small business administration loans, as well as debit and credit cards.