Auburn National Bancorporation's (AUBN) Hold (C) Rating Reiterated at Weiss Ratings

Key Points

• Auburn National Bancorporation (NASDAQ:AUBN) had its "hold (c)" rating reiterated by Weiss Ratings, indicating a stable outlook for the stock.
• The company's stock recently traded down by 3.9%, reaching $25.95, despite a P/E ratio of 13.59 and a market cap of $90.57 million.
• In the last quarter, Auburn National Bancorporation reported $0.52 earnings per share and a 15.43% net margin, showcasing its profitability amid market fluctuations.

Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report)'s stock had its "hold (c)" rating reiterated by Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Auburn National Bancorporation Trading Down 3.9%

Auburn National Bancorporation stock traded down $1.05 during mid-day trading on Wednesday, reaching $25.95. The company had a trading volume of 1,944 shares, compared to its average volume of 2,404. The business has a fifty day simple moving average of $26.09 and a 200 day simple moving average of $23.49. The company has a market cap of $90.57 million, a P/E ratio of 13.59 and a beta of 0.49. Auburn National Bancorporation has a fifty-two week low of $19.00 and a fifty-two week high of $29.00.

Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $0.52 earnings per share for the quarter. The business had revenue of $8.13 million for the quarter. Auburn National Bancorporation had a return on equity of 8.02% and a net margin of 15.43%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AUBN. Empowered Funds LLC lifted its holdings in Auburn National Bancorporation by 8.4% during the 1st quarter. Empowered Funds LLC now owns 12,105 shares of the financial services provider's stock worth $261,000 after buying an additional 935 shares during the period. Truffle Hound Capital LLC bought a new position in shares of Auburn National Bancorporation during the second quarter worth about $703,000. Finally, Bridgeway Capital Management LLC lifted its stake in shares of Auburn National Bancorporation by 2.1% in the second quarter. Bridgeway Capital Management LLC now owns 28,693 shares of the financial services provider's stock worth $743,000 after acquiring an additional 588 shares during the period. 39.46% of the stock is 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.