Auburn National Bancorporation (NASDAQ:AUBN) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) shares crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $25.42 and traded as low as $25.18. Auburn National Bancorporation shares last traded at $25.18, with a volume of 1,058 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Auburn National Bancorporation in a research report on Thursday, October 15th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, the stock presently has an average rating of “Hold”.

Auburn National Bancorporation Stock Performance

The company has a market capitalization of $87.63 million, a P/E ratio of 10.11 and a beta of 0.45. The business has a 50 day moving average of $26.51 and a 200-day moving average of $25.42.

Auburn National Bancorporation (NASDAQ:AUBN) last issued its quarterly earnings data on Tuesday, October 27th. The financial services provider reported $0.72 earnings per share (EPS) for the quarter. Auburn National Bancorporation had a return on equity of 9.34% and a net margin of 18.60%. The business had revenue of $8.99 million for the quarter.

Auburn National Bancorporation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Thursday, September 10th were given a dividend of $0.27 per share. The ex-dividend date was Thursday, September 10th. This represents a $1.08 annualized dividend and a dividend yield of 4.3%. Auburn National Bancorporation’s dividend payout ratio is currently 43.37%.

Institutional Investors Weigh In On Auburn National Bancorporation

A hedge fund recently raised its position in Auburn National Bancorporation stock. Empowered Funds LLC increased its position in Auburn National Bancorporation, Inc. (NASDAQ:AUBN) by 9.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,781 shares of the financial services provider’s stock after acquiring an additional 1,451 shares during the quarter. Empowered Funds LLC owned about 0.48% of Auburn National Bancorporation worth $400,000 at the end of the most recent quarter. 39.46% of the stock is currently owned by institutional investors and hedge funds.

Auburn National Bancorporation Company Profile

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

AuburnBank offers deposit products, consumer and commercial lending, residential mortgage loans, business banking services, and online and mobile banking tools. The bank also provides investment and financial planning services through affiliated or related financial services operations.

Founded in 1907, Auburn National Bancorporation has a long history of serving customers in Auburn and surrounding communities in east-central Alabama.