BNCCORP (OTCMKTS:BNCC) Shares Pass Below 50 Day Moving Average – Here’s What Happened

BNCCORP Inc. (OTCMKTS:BNCC)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $35.41 and traded as low as $31.19. BNCCORP shares last traded at $31.60, with a volume of 20,788 shares changing hands.

BNCCORP Stock Performance

The stock has a market cap of $111.86 million, a price-to-earnings ratio of 12.59 and a beta of 0.33. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The firm has a fifty day simple moving average of $35.41 and a 200-day simple moving average of $35.46.

BNCCORP (OTCMKTS:BNCC) last released its earnings results on Tuesday, August 4th. The bank reported $0.54 EPS for the quarter. BNCCORP had a return on equity of 8.37% and a net margin of 14.78%.

BNCCORP Company Profile

BNCCORP (OTCMKTS:BNCC) is a bank holding company headquartered in New Canaan, Connecticut. Through its wholly owned subsidiary, The Bank of New Canaan, the company offers a full suite of community banking services tailored to the needs of individuals and businesses. Established in the early 2000s, BNCCORP has grown by focusing on relationship-based lending and personalized deposit products, positioning itself as a regional banking partner in Fairfield County and neighboring Westchester County, New York.

The company’s core business activities include consumer and commercial lending, deposit account services, mortgage finance and treasury management solutions.