BANCORP 34 (OTCMKTS:BCTF) Stock Price Down 1% – Here’s Why

BANCORP 34 (OTCMKTS:BCTF) was down 1% during mid-day trading on Friday . The stock traded as low as $14.80 and last traded at $14.80. Approximately 704 shares changed hands during trading, a decline of 49% from the average daily volume of 1,368 shares. The stock had previously closed at $14.95.

BANCORP 34 Trading Down 1.0%

The firm’s 50-day moving average price is $14.97 and its 200-day moving average price is $14.28. The stock has a market capitalization of $100.94 million, a PE ratio of 15.42 and a beta of 0.15.

BANCORP 34 (OTCMKTS:BCTF) last announced its earnings results on Monday, April 27th. The company reported $0.18 earnings per share (EPS) for the quarter. The firm had revenue of $8.44 million for the quarter. BANCORP 34 had a net margin of 13.45% and a return on equity of 4.02%.

About BANCORP 34

Bancorp 34, Inc operates as the holding company for Bank 34 that offers various banking products and services to individuals and businesses in the United States. It accepts various deposit products, such as savings accounts, checking accounts, money market accounts, demand and time deposits, NOW accounts, and individual retirement accounts, as well as certificates of deposit. The company also provides term, working capital, construction, USDA, small business administration, equipment, assisted living and skilled nursing, renewable energy and solar equipment, and commercial real estate loans; and small to medium size business and business acquisitions financing; lines of credit; multi-family finance; and employee stock ownership plans, HOA lending, and investor pools of single family rentals.