NSTS Bancorp (NASDAQ:NSTS) Shares Up 1.4% - Should You Buy?

Key Points

• NSTS Bancorp shares rose by 1.4%, trading at $11.70, following an increase in trading volume of 255% compared to the daily average.
• The company reported a net loss with earnings per share of ($0.05) and a negative return on equity of 1.04% for the last quarter.
• Northern Trust Corp increased its stake in NSTS Bancorp by 52.5%, owning approximately 0.49% of the company after acquiring additional shares.

NSTS Bancorp, Inc. (NASDAQ:NSTS - Get Free Report) rose 1.4% during trading on Wednesday . The stock traded as high as $11.95 and last traded at $11.70. Approximately 11,127 shares traded hands during mid-day trading, an increase of 255% from the average daily volume of 3,131 shares. The stock had previously closed at $11.54.

NSTS Bancorp Trading Up 1.4%

The firm has a market cap of $61.30 million, a P/E ratio of -73.12 and a beta of 0.14. The business's 50-day moving average is $12.05 and its two-hundred day moving average is $11.96.

NSTS Bancorp (NASDAQ:NSTS - Get Free Report) last issued its earnings results on Thursday, August 14th. The company reported ($0.05) earnings per share (EPS) for the quarter. NSTS Bancorp had a negative return on equity of 1.04% and a negative net margin of 6.17%.The business had revenue of $2.54 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in NSTS Bancorp stock. Northern Trust Corp increased its stake in shares of NSTS Bancorp, Inc. (NASDAQ:NSTS - Free Report) by 52.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,713 shares of the company's stock after buying an additional 8,854 shares during the quarter. Northern Trust Corp owned about 0.49% of NSTS Bancorp worth $303,000 at the end of the most recent quarter. 23.70% of the stock is owned by hedge funds and other institutional investors.

About NSTS Bancorp

NSTS Bancorp, Inc operates as a savings and loan holding company for North Shore Trust and Savings that provides banking products and services in Illinois. The company offers interest-bearing and noninterest-bearing checking, money market, savings, and time deposit accounts; and one- to four-family residential mortgage, multi-family and commercial real estate mortgage, construction, home equity, and consumer loans.

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