Sturgis Bancorp (OTCMKTS:STBI) Shares Cross Above Fifty Day Moving Average – Here’s Why

Sturgis Bancorp Inc. (OTCMKTS:STBIGet Free Report)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $25.14 and traded as high as $25.90. Sturgis Bancorp shares last traded at $25.50, with a volume of 3,900 shares traded.

Sturgis Bancorp Stock Up 1.6%

The company’s 50 day moving average price is $25.24 and its two-hundred day moving average price is $23.41. The stock has a market cap of $57.33 million, a P/E ratio of 7.22 and a beta of 0.17.

Sturgis Bancorp (OTCMKTS:STBIGet Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The financial services provider reported $0.88 earnings per share (EPS) for the quarter. The firm had revenue of $10.96 million during the quarter.

About Sturgis Bancorp

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Sturgis Bancorp, Inc is the bank holding company for Sturgis Bank & Trust, a community-oriented financial institution headquartered in Sturgis, Michigan. Through its wholly owned subsidiary, the company offers a full suite of banking services tailored to the needs of individuals, families and local businesses. Its primary focus is on providing personalized banking solutions that reflect its deep roots in southwestern Michigan.

The company’s product lineup includes traditional deposit accounts such as checking, savings and money market accounts, alongside certificates of deposit.

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