Auburn National Bancorporation (NASDAQ:AUBN) Share Price Passes Above 200-Day Moving Average – What’s Next?

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $24.48 and traded as high as $25.60. Auburn National Bancorporation shares last traded at $25.80, with a volume of 450 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Auburn National Bancorporation in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

Auburn National Bancorporation Stock Performance

The firm has a market capitalization of $90.15 million, a P/E ratio of 12.59 and a beta of 0.50. The firm has a 50-day moving average of $26.35 and a 200-day moving average of $24.48.

Auburn National Bancorporation (NASDAQ:AUBN) last posted its earnings results on Thursday, October 23rd. The financial services provider reported $0.64 EPS for the quarter. The business had revenue of $8.40 million during the quarter. Auburn National Bancorporation had a return on equity of 8.67% and a net margin of 15.43%.

Hedge Funds Weigh In On Auburn National Bancorporation

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of Auburn National Bancorporation by 3.2% during the 3rd quarter. Vanguard Group Inc. now owns 77,085 shares of the financial services provider’s stock valued at $2,090,000 after acquiring an additional 2,402 shares during the last quarter. Truffle Hound Capital LLC raised its holdings in shares of Auburn National Bancorporation by 65.6% during the third quarter. Truffle Hound Capital LLC now owns 46,580 shares of the financial services provider’s stock valued at $1,263,000 after purchasing an additional 18,460 shares during the last quarter. Bridgeway Capital Management LLC lifted its position in Auburn National Bancorporation by 2.1% during the second quarter. Bridgeway Capital Management LLC now owns 28,693 shares of the financial services provider’s stock valued at $743,000 after purchasing an additional 588 shares during the period. Finally, Empowered Funds LLC boosted its holdings in Auburn National Bancorporation by 8.4% in the first quarter. Empowered Funds LLC now owns 12,105 shares of the financial services provider’s stock worth $261,000 after purchasing an additional 935 shares during the last quarter. Institutional investors own 39.46% of the company’s stock.

Auburn National Bancorporation Company Profile

Auburn National Bancorporation, Inc operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company offers checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; and other financial services.