Evans Bancorp (NYSEAMERICAN:EVBN) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN)’s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $39.49 and traded as low as $39.10. Evans Bancorp shares last traded at $39.49, with a volume of 34,406 shares trading hands.

Evans Bancorp Trading Up 2.3%

The firm’s 50-day simple moving average is $39.49 and its 200 day simple moving average is $39.49. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.99 and a quick ratio of 0.99. The firm has a market capitalization of $218.77 million, a price-to-earnings ratio of 11.86 and a beta of 0.92.

About Evans Bancorp

Evans Bancorp, Inc is the bank holding company for Evans Bank, a New York-chartered commercial bank headquartered in East Aurora, New York. Through its subsidiary, the company provides a full range of financial services, including deposit accounts, consumer and residential mortgage lending, and commercial lending solutions. Evans Bancorp operates under the regulatory supervision of the Federal Reserve and the New York State Department of Financial Services.

Evans Bank’s product portfolio encompasses checking and savings accounts, certificates of deposit, and money market accounts designed for both individual customers and small- to mid-sized businesses.