Northeast Indiana Bancorp (OTCMKTS:NIDB) Trading 0% Higher – Here’s Why

Northeast Indiana Bancorp Inc. (OTCMKTS:NIDB)’s share price rose 0% during mid-day trading on Tuesday . The company traded as high as $22.80 and last traded at $22.44. Approximately 375 shares traded hands during trading, a decline of 23% from the average daily volume of 487 shares. The stock had previously closed at $22.43.

Northeast Indiana Bancorp Trading Up 0.0%

The stock has a 50 day simple moving average of $22.31 and a 200-day simple moving average of $21.04. The firm has a market capitalization of $53.18 million, a P/E ratio of 8.50 and a beta of 0.16.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last released its quarterly earnings results on Tuesday, January 27th. The company reported $0.75 earnings per share (EPS) for the quarter. The firm had revenue of $5.42 million for the quarter.

About Northeast Indiana Bancorp

Northeast Indiana Bancorp, Inc operates as the bank holding company for First Federal Savings Bank that provides various banking and financial advisory services. The company offers checking accounts, savings accounts, retirement accounts, health savings accounts, and direct deposits, as well as certificates of deposit. It also provides mortgage, refinance, new construction, and home equity loans; auto, recreational vehicle, and unsecured loans; and revolving lines of credit, term loans, real estate loans, letter of credit, and small business administration loans, as well as debit and credit cards.