BNCCORP (OTCMKTS:BNCC) Shares Pass Below 50 Day Moving Average – Here’s Why

BNCCORP Inc. (OTCMKTS:BNCC)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $35.20 and traded as low as $32.00. BNCCORP shares last traded at $32.00, with a volume of 1,302 shares traded.

BNCCORP Price Performance

The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.14. The stock’s 50-day simple moving average is $35.11 and its 200 day simple moving average is $35.25. The firm has a market cap of $112.57 million, a P/E ratio of 12.67 and a beta of 0.33.

BNCCORP (OTCMKTS:BNCC) last released its earnings results on Tuesday, August 4th. The bank reported $0.54 EPS for the quarter. BNCCORP had a return on equity of 8.37% and a net margin of 14.78%.

BNCCORP Company Profile

BNCCORP (OTCMKTS:BNCC) is a bank holding company headquartered in New Canaan, Connecticut. Through its wholly owned subsidiary, The Bank of New Canaan, the company offers a full suite of community banking services tailored to the needs of individuals and businesses. Established in the early 2000s, BNCCORP has grown by focusing on relationship-based lending and personalized deposit products, positioning itself as a regional banking partner in Fairfield County and neighboring Westchester County, New York.

The company’s core business activities include consumer and commercial lending, deposit account services, mortgage finance and treasury management solutions.