Northeast Indiana Bancorp (OTCMKTS:NIDB) Trading Down 1.8% – Here’s Why

Shares of Northeast Indiana Bancorp Inc. (OTCMKTS:NIDBGet Free Report) fell 1.8% during mid-day trading on Friday . The company traded as low as $23.80 and last traded at $23.80. Approximately 150 shares were traded during trading, a decline of 71% from the average daily volume of 509 shares. The stock had previously closed at $24.24.

Northeast Indiana Bancorp Price Performance

The company’s 50 day moving average price is $23.93 and its 200 day moving average price is $22.83. The firm has a market capitalization of $55.93 million, a P/E ratio of 8.26 and a beta of 0.16.

Northeast Indiana Bancorp (OTCMKTS:NIDBGet Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.68 earnings per share for the quarter. The company had revenue of $5.42 million during the quarter.

About Northeast Indiana Bancorp

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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.

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