Somewhat Positive News Coverage Somewhat Unlikely to Impact Ottawa Bancorp (OTTW) Stock Price
News coverage about Ottawa Bancorp (NASDAQ:OTTW) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ottawa Bancorp earned a news impact score of 0.04 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 42.306917871549 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Ottawa Bancorp (NASDAQ:OTTW) remained flat at $14.14 during mid-day trading on Friday. 462 shares of the company’s stock were exchanged. The firm has a market cap of $46.38 million and a P/E ratio of 31.28. Ottawa Bancorp has a 12 month low of $10.95 and a 12 month high of $14.99. The stock has a 50-day moving average of $13.79 and a 200-day moving average of $13.60.
Ottawa Bancorp (NASDAQ:OTTW) last announced its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $0.14 EPS for the quarter. The business had revenue of $2.77 million during the quarter. Ottawa Bancorp had a net margin of 13.28% and a return on equity of 3.08%.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 13th. Shareholders of record on Wednesday, August 30th were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend was Monday, August 28th.
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In other Ottawa Bancorp news, Director John M. Armstrong sold 2,871 shares of Ottawa Bancorp stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $13.68, for a total transaction of $39,275.28. Following the transaction, the director now directly owns 5,238 shares of the company’s stock, valued at approximately $71,655.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John M. Armstrong sold 1,897 shares of Ottawa Bancorp stock in a transaction on Friday, September 8th. The stock was sold at an average price of $13.67, for a total transaction of $25,931.99. Following the transaction, the director now directly owns 5,238 shares in the company, valued at $71,603.46. The disclosure for this sale can be found here.
Ottawa Bancorp Company Profile
Ottawa Bancorp, Inc operates as the holding company for Ottawa Savings Bank that provides various financial services to individual and corporate customers in the United States. The company offers various deposit accounts, including checking, money market, regular savings, club savings, certificate, and various retirement accounts.
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