Oxford Bank (OTCMKTS:OXBC) Stock Price Down 1.1% - Here's Why

Key Points

• Oxford Bank Corp. shares fell by 1.1%, closing at $34.63 with trading volume significantly down by 89% compared to the average.
• The bank recently reported earnings of $1.13 EPS for the quarter, generating $12.86 million in revenue.
• Oxford Bank maintains a market cap of $85.54 million and a low price-to-earnings ratio of 8.49.

Oxford Bank Corp. (OTCMKTS:OXBC - Get Free Report) dropped 1.1% during mid-day trading on Tuesday . The stock traded as low as $34.63 and last traded at $34.63. Approximately 300 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 2,840 shares. The stock had previously closed at $35.00.

Oxford Bank Stock Performance

The stock has a market cap of $85.22 million, a P/E ratio of 8.46 and a beta of 0.14. The company's 50 day moving average price is $33.94 and its 200-day moving average price is $34.28.

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

Oxford Bank Company Profile

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.