Jeffersonville Bancorp (OTCMKTS:JFBC) Stock Passes Below 50-Day Moving Average - What's Next?

Key Points

• Jeffersonville Bancorp's share price has fallen below its 50-day moving average of $21.39, with the stock last trading at $20.55.
• The bank recently reported $0.78 earnings per share with a net margin of 34.98% for the latest quarter.
• Jeffersonville Bancorp announced an increase in its dividend to $0.25 per share, yielding 461.0%, effective October 3rd.

Jeffersonville Bancorp (OTCMKTS:JFBC - Get Free Report)'s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $21.39 and traded as low as $20.55. Jeffersonville Bancorp shares last traded at $20.55, with a volume of 1,110 shares changing hands.

Jeffersonville Bancorp Price Performance

The company has a market cap of $91.75 million, a P/E ratio of 7.80 and a beta of 0.18. The stock's 50-day moving average is $21.41 and its two-hundred day moving average is $20.53.

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

Jeffersonville Bancorp Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, October 3rd. Shareholders of record on Friday, September 26th will be given a $0.25 dividend. The ex-dividend date is Thursday, September 25th. This is a boost from Jeffersonville Bancorp's previous dividend of $0.15. This represents a yield of 461.0%. Jeffersonville Bancorp's payout ratio is 21.58%.

About Jeffersonville Bancorp

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.