Auburn National Bancorporation (NASDAQ:AUBN) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Auburn National Bancorporation shares rose above their 200-day moving average, trading as high as $26.46 versus the $25.68 average, though volume was light at 617 shares.
• Analysts remain cautious: Weiss Ratings reiterated a “hold (C)” rating, and the stock has an overall “Hold” consensus from one tracked analyst.
• The company reported quarterly EPS of $0.66 and revenue of $8.77 million, while maintaining a quarterly dividend of $0.27, equivalent to a 4.1% annualized yield.

Auburn National Bancorporation, Inc. (NASDAQ:AUBN - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $25.68 and traded as high as $26.46. Auburn National Bancorporation shares last traded at $26.46, with a volume of 617 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a "hold (c)" rating on shares of Auburn National Bancorporation in a research note on Thursday, October 15th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, the stock has an average rating of "Hold".

Auburn National Bancorporation Stock Down 0.2%

The stock's 50-day moving average price is $26.59 and its 200 day moving average price is $25.68. The company has a market cap of $92.08 million, a P/E ratio of 10.98 and a beta of 0.43.

Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) last announced its earnings results on Tuesday, July 28th. The financial services provider reported $0.66 EPS for the quarter. The firm had revenue of $8.77 million for the quarter. Auburn National Bancorporation had a net margin of 18.60% and a return on equity of 9.10%.

Auburn National Bancorporation Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Thursday, September 10th were given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Thursday, September 10th. Auburn National Bancorporation's dividend payout ratio (DPR) is currently 44.81%.

Hedge Funds Weigh In On Auburn National Bancorporation

Institutional investors have recently made changes to their positions in the business. M3F Inc. acquired a new position in shares of Auburn National Bancorporation during the 1st quarter worth about $218,000. BlackRock Inc. bought a new stake in Auburn National Bancorporation during the 2nd quarter valued at approximately $280,000. Finally, Empowered Funds LLC grew its holdings in Auburn National Bancorporation by 9.5% in the 1st quarter. Empowered Funds LLC now owns 16,781 shares of the financial services provider's stock valued at $400,000 after buying an additional 1,451 shares during the last quarter. 39.46% of the stock is currently owned by institutional investors.

About Auburn National Bancorporation

Auburn National Bancorporation, Inc is a bank holding company headquartered in Auburn, Alabama. Its principal subsidiary, AuburnBank, is a community bank that provides financial services to individuals, families, businesses and institutions in East Alabama.

AuburnBank's products and services include deposit accounts, checking and savings products, certificates of deposit, residential mortgage loans, consumer lending, commercial and industrial loans, commercial real estate financing and construction loans.

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