Sturgis Bancorp (OTCMKTS:STBI) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Sturgis Bancorp Inc. (OTCMKTS:STBI)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $22.26 and traded as high as $24.50. Sturgis Bancorp shares last traded at $24.50, with a volume of 240 shares trading hands.

Sturgis Bancorp Stock Up 2.0%

The firm has a fifty day moving average price of $22.39 and a two-hundred day moving average price of $20.81. The stock has a market capitalization of $54.25 million, a P/E ratio of 7.25 and a beta of 0.12.

Sturgis Bancorp (OTCMKTS:STBI) last announced its quarterly earnings data on Thursday, February 26th. The financial services provider reported $0.93 EPS for the quarter. The firm had revenue of $11.20 million for the quarter.

About Sturgis Bancorp

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.