Evans Bancorp (NYSEAMERICAN:EVBN) Stock Price Up 2.3% – Should You Buy?

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) rose 2.3% on Friday. The stock traded as high as $39.68 and last traded at $39.49. 34,406 shares traded hands during trading, an increase of 82% from the average daily volume of 18,864 shares. The stock had previously closed at $38.60.

Evans Bancorp Trading Up 2.3%

The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.99 and a current ratio of 0.99. The company has a 50 day simple moving average of $39.49 and a two-hundred day simple moving average of $39.49. The company has a market cap of $218.77 million, a PE ratio of 11.86 and a beta of 0.92.

About Evans Bancorp

Evans Bancorp, Inc was a bank holding company headquartered in Williamsville, New York. Through its principal subsidiary, Evans Bank, the company provided banking and financial services to individuals, families, businesses and municipalities primarily in Western New York.

Evans Bank offered a range of deposit accounts, residential and commercial real estate loans, consumer lending, business loans, treasury management and other commercial banking services. The bank also provided mortgage-related services and wealth management solutions, including investment and trust services, through its banking locations and digital channels.

Evans Bank traced its history to 1920 and operated as a community-focused financial institution serving the Buffalo and surrounding Western New York markets.