Northeast Indiana Bancorp (OTCMKTS:NIDB) Stock Price Up 0.4% – Should You Buy?

Shares of Northeast Indiana Bancorp Inc. (OTCMKTS:NIDB) traded up 0.4% during trading on Tuesday . The company traded as high as $24.85 and last traded at $24.85. 400 shares traded hands during mid-day trading, an increase of 22% from the average session volume of 328 shares. The stock had previously closed at $24.75.

Northeast Indiana Bancorp Price Performance

The firm’s 50 day moving average is $24.05 and its 200 day moving average is $23.40. The company has a market cap of $58.40 million, a PE ratio of 8.31 and a beta of 0.16.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last posted its earnings results on Tuesday, July 28th. The company reported $0.80 earnings per share (EPS) for the quarter. The firm had revenue of $5.71 million during 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.