ECB Bancorp, Inc. (NASDAQ:ECBK - Get Free Report) traded down 0.8% during trading on Monday . The company traded as low as $16.01 and last traded at $16.28. 11,023 shares were traded during mid-day trading, an increase of 6% from the average session volume of 10,390 shares. The stock had previously closed at $16.41.
ECB Bancorp Stock Up 0.0%
The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.41. The business's 50-day simple moving average is $15.78 and its 200-day simple moving average is $15.04. The company has a market capitalization of $148.56 million, a PE ratio of 35.01 and a beta of 0.56.
ECB Bancorp (NASDAQ:ECBK - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $0.16 earnings per share (EPS) for the quarter. The firm had revenue of $6.92 million during the quarter. ECB Bancorp had a net margin of 5.85% and a return on equity of 2.40%.
Hedge Funds Weigh In On ECB Bancorp
A number of institutional investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new stake in ECB Bancorp during the first quarter worth about $200,000. Minerva Advisors LLC boosted its position in ECB Bancorp by 37.0% in the 1st quarter. Minerva Advisors LLC now owns 49,940 shares of the company's stock worth $757,000 after purchasing an additional 13,500 shares in the last quarter. Sachetta LLC grew its stake in shares of ECB Bancorp by 5.3% during the 1st quarter. Sachetta LLC now owns 115,270 shares of the company's stock worth $1,746,000 after purchasing an additional 5,832 shares during the period. Oppenheimer & Close LLC grew its stake in shares of ECB Bancorp by 10.9% during the 1st quarter. Oppenheimer & Close LLC now owns 61,007 shares of the company's stock worth $924,000 after purchasing an additional 6,007 shares during the period. Finally, Castalian Partners LLC acquired a new position in shares of ECB Bancorp in the 4th quarter valued at $1,279,000. Hedge funds and other institutional investors own 30.27% of the company's stock.
ECB Bancorp Company Profile
(
Get Free Report)
ECB Bancorp, Inc operating as a holding company for Everett Co-operative Bank that provides various banking products and services. The company accepts various deposit products, including certificate of deposit accounts, IRAs, money market accounts, savings accounts, demand deposit accounts, and interest-bearing and noninterest-bearing checking accounts.
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