BANCORP 34 (OTCMKTS:BCTF) Stock Price Up 0.2% - Still a Buy?

Key Points

• BANCORP 34's share price increased by 0.2% to $12.20, with a significant drop in trading volume of 79% from its average daily volume.
• The company reported $0.11 EPS for the last quarter, achieving a net margin of 9.64% and a return on equity of 4.70%.
• BANCORP 34 operates as the holding company for Bank 34, offering a range of banking products and services to both individuals and businesses in the United States.

BANCORP 34 (OTCMKTS:BCTF - Get Free Report) traded up 0.2% during mid-day trading on Thursday . The stock traded as high as $12.20 and last traded at $12.20. 1,014 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 4,942 shares. The stock had previously closed at $12.17.

BANCORP 34 Stock Performance

The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.99 and a current ratio of 0.99. The stock has a market cap of $81.63 million, a P/E ratio of 14.21 and a beta of 0.24. The company's 50 day moving average price is $12.17 and its 200-day moving average price is $12.45.

BANCORP 34 (OTCMKTS:BCTF - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.16 earnings per share for the quarter. The company had revenue of $8.39 million during the quarter. BANCORP 34 had a net margin of 11.27% and a return on equity of 4.26%.

About BANCORP 34

Bancorp 34, Inc operates as the holding company for Bank 34 that offers various banking products and services to individuals and businesses in the United States. It accepts various deposit products, such as savings accounts, checking accounts, money market accounts, demand and time deposits, NOW accounts, and individual retirement accounts, as well as certificates of deposit.