Auburn National Bancorporation (NASDAQ:AUBN) Stock Crosses Above 200-Day Moving Average - Time to Sell?

Auburn National Bancorporation, Inc. (NASDAQ:AUBN - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $21.47 and traded as high as $24.10. Auburn National Bancorporation shares last traded at $23.80, with a volume of 678 shares.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen started coverage on shares of Auburn National Bancorporation in a report on Thursday, May 22nd. They set a "hold" rating on the stock.

Auburn National Bancorporation Stock Performance

The company's fifty day simple moving average is $21.60 and its 200-day simple moving average is $21.47. The company has a market capitalization of $83.93 million, a P/E ratio of 12.72 and a beta of 0.37.

Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The financial services provider reported $0.44 earnings per share (EPS) for the quarter. Auburn National Bancorporation had a net margin of 15.35% and a return on equity of 8.17%. The company had revenue of $7.79 million for the quarter.

Auburn National Bancorporation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 25th. Stockholders of record on Tuesday, June 10th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 4.49%. The ex-dividend date was Tuesday, June 10th. Auburn National Bancorporation's dividend payout ratio is currently 57.14%.

Institutional Trading of Auburn National Bancorporation

A number of institutional investors have recently modified their holdings of AUBN. Empowered Funds LLC boosted its holdings in shares of Auburn National Bancorporation by 8.4% in the 1st quarter. Empowered Funds LLC now owns 12,105 shares of the financial services provider's stock valued at $261,000 after buying an additional 935 shares in the last quarter. Wealthedge Investment Advisors LLC bought a new stake in shares of Auburn National Bancorporation in the 4th quarter valued at about $272,000. LPL Financial LLC bought a new stake in shares of Auburn National Bancorporation in the 4th quarter valued at about $461,000. Bridgeway Capital Management LLC boosted its holdings in shares of Auburn National Bancorporation by 1.9% in the 4th quarter. Bridgeway Capital Management LLC now owns 30,670 shares of the financial services provider's stock valued at $720,000 after buying an additional 572 shares in the last quarter. Finally, Fourthstone LLC purchased a new position in shares of Auburn National Bancorporation in the 4th quarter valued at approximately $870,000. 39.46% of the stock is currently owned by institutional investors.

About Auburn National Bancorporation

Auburn National Bancorporation, Inc operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company offers checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; and other financial services.