Evans Bancorp (NYSEAMERICAN:EVBN) Stock Price Up 2.3% – Time to Buy?

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) shares traded up 2.3% on Friday. The company 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 session volume of 18,864 shares. The stock had previously closed at $38.60.

Evans Bancorp Stock Performance

The company has a market capitalization of $218.77 million, a price-to-earnings ratio of 11.86 and a beta of 0.92. The stock has a fifty day moving average price of $39.49 and a two-hundred day moving average price of $39.49. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.86.

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.