NSTS Bancorp (NASDAQ:NSTS) Trading Up 1.7% - What's Next?

Key Points

• NSTS Bancorp shares increased by 1.7%, reaching $12.19, with trading volume significantly up by 127% compared to its average daily volume.
• The company reported a loss of ($0.05) earnings per share for the last quarter, along with a revenue of $2.54 million.
• Institutional investors hold 23.70% of NSTS Bancorp's shares, with notable recent acquisitions by Renaissance Technologies and Northern Trust Corp.

NSTS Bancorp, Inc. (NASDAQ:NSTS - Get Free Report) shares were up 1.7% on Tuesday . The stock traded as high as $12.20 and last traded at $12.19. Approximately 3,947 shares changed hands during mid-day trading, an increase of 127% from the average daily volume of 1,740 shares. The stock had previously closed at $11.99.

NSTS Bancorp Stock Up 1.7%

The company's fifty day simple moving average is $12.15 and its two-hundred day simple moving average is $12.03. The company has a market capitalization of $63.88 million, a price-to-earnings ratio of -76.18 and a beta of 0.14.

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

Institutional Investors Weigh In On NSTS Bancorp

Hedge funds have recently bought and sold shares of the company. Renaissance Technologies LLC acquired a new stake in NSTS Bancorp in the fourth quarter worth $170,000. Northern Trust Corp increased its position in shares of NSTS Bancorp by 52.5% during the fourth quarter. Northern Trust Corp now owns 25,713 shares of the company's stock worth $303,000 after acquiring an additional 8,854 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of NSTS Bancorp by 5.4% during the fourth quarter. Geode Capital Management LLC now owns 40,740 shares of the company's stock worth $471,000 after acquiring an additional 2,089 shares in the last quarter. 23.70% of the stock is currently owned by institutional investors and hedge funds.

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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