Jeffersonville Bancorp (OTCMKTS:JFBC) Share Price Crosses Above 200 Day Moving Average - Should You Sell?

Key Points

• Jeffersonville Bancorp's shares have recently traded above the 200-day moving average, hitting a high of $22.13, while the current price stands at $22.12.
• The company reported a quarterly EPS of $0.78 and a revenue of $8.27 million, with a net margin of 34.98% and return on equity of 12.91%.
• A dividend of $0.15 per share has been declared, reflecting a significant yield of 268.0%, with the payment date set for September 4th.

Jeffersonville Bancorp (OTCMKTS:JFBC - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $20.48 and traded as high as $22.13. Jeffersonville Bancorp shares last traded at $22.12, with a volume of 200 shares trading hands.

Jeffersonville Bancorp Stock Up 0.4%

The company's 50 day moving average price is $21.29 and its two-hundred day moving average price is $20.50. The stock has a market cap of $93.91 million, a P/E ratio of 7.99 and a beta of 0.17.

Jeffersonville Bancorp (OTCMKTS:JFBC - Get Free Report) last posted its quarterly earnings results on Tuesday, August 12th. The bank reported $0.78 earnings per share for the quarter. Jeffersonville Bancorp had a net margin of 34.98% and a return on equity of 12.72%. The firm had revenue of $8.27 million during the quarter.

Jeffersonville Bancorp Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, September 4th. Investors of record on Wednesday, August 27th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, August 26th. This represents a yield of 268.0%. Jeffersonville Bancorp's payout ratio is 21.58%.

Jeffersonville Bancorp Company Profile

Jeffersonville Bancorp operates as the bank holding company for Jeff Bank that provides community banking services to individuals, small businesses, and local municipal governments primarily in Sullivan County, New York. The company offers various deposit products, such as checking, money market, savings, and NOW, as well as demand and time deposits.