Oxford Bank (OTCMKTS:OXBC) Trading 0.1% Higher - Still a Buy?

Key Points

• Oxford Bank Corp. (OTCMKTS:OXBC) saw its shares increase by 0.1% during Thursday's trading, closing at $35.85 after hitting a high of $35.86.
• The bank reported $1.13 earnings per share and $12.86 million in revenue for the recent quarter, reflecting its financial performance.
• Oxford Bank has a market capitalization of $88.19 million and a low beta of 0.15, indicating less volatility compared to the market.

Oxford Bank Corp. (OTCMKTS:OXBC - Get Free Report)'s share price shot up 0.1% during mid-day trading on Thursday . The company traded as high as $35.86 and last traded at $35.85. 800 shares were traded during trading, a decline of 22% from the average session volume of 1,023 shares. The stock had previously closed at $35.82.

Oxford Bank Stock Performance

The firm's 50 day moving average price is $34.81 and its 200-day moving average price is $34.38. The company has a market cap of $88.19 million, a P/E ratio of 8.79 and a beta of 0.15.

Oxford Bank (OTCMKTS:OXBC - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The company reported $1.13 earnings per share for the quarter. The business had revenue of $12.86 million during the quarter.

About Oxford Bank

Oxford Bank Corporation provides banking products and services to various customers in Michigan. Its deposit products include savings, checking, and individual retirement accounts, as well as certificates of deposit. The company's loan portfolio comprises home mortgage, home equity, auto, student, term, commercial real estate, and small business administration loans, as well as lines of credit.