Auburn National Bancorporation (NASDAQ:AUBN) Shares Cross Above 200 Day Moving Average – Time to Sell?

Auburn National Bancorporation, Inc. (NASDAQ:AUBN – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $25.68 and traded as high as $26.46. Auburn National Bancorporation shares last traded at $26.46, with a volume of 617 shares.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Auburn National Bancorporation in a research note on Thursday, October 15th. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Read Our Latest Stock Report on Auburn National Bancorporation

Auburn National Bancorporation Trading Up 2.0%

The company has a 50 day moving average of $26.60 and a 200 day moving average of $25.73. The firm has a market cap of $93.96 million, a price-to-earnings ratio of 10.98 and a beta of 0.43.

Auburn National Bancorporation (NASDAQ:AUBN – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $0.66 earnings per share (EPS) for the quarter. The company had revenue of $8.77 million during the quarter. Auburn National Bancorporation had a return on equity of 9.10% and a net margin of 18.60%.

Auburn National Bancorporation Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Thursday, September 10th were issued a $0.27 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.08 annualized dividend and a dividend yield of 4.0%. Auburn National Bancorporation’s dividend payout ratio is presently 44.81%.

Hedge Funds Weigh In On Auburn National Bancorporation

Institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC bought a new stake in Auburn National Bancorporation during the second quarter worth about $479,000. BlackRock Inc. acquired a new stake in shares of Auburn National Bancorporation during the second quarter worth approximately $280,000. Finally, M3F Inc. bought a new position in shares of Auburn National Bancorporation in the first quarter valued at approximately $218,000. 39.46% of the stock is owned by institutional investors.

About Auburn National Bancorporation

(Get Free Report)

Auburn National Bancorporation, Inc is a bank holding company headquartered in Auburn, Alabama. Its principal subsidiary, AuburnBank, is a community bank that provides financial services to individuals, families, businesses and institutions in East Alabama.

AuburnBank’s products and services include deposit accounts, checking and savings products, certificates of deposit, residential mortgage loans, consumer lending, commercial and industrial loans, commercial real estate financing and construction loans.

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