Rhinebeck Bancorp, Inc. (NASDAQ:RBKB - Get Free Report) traded up 2.4% during mid-day trading on Tuesday . The company traded as high as $12.90 and last traded at $12.78. 15,453 shares traded hands during trading, an increase of 38% from the average session volume of 11,207 shares. The stock had previously closed at $12.48.
Rhinebeck Bancorp Price Performance
The stock's 50-day moving average is $11.85 and its 200 day moving average is $10.78. The company has a market cap of $143.28 million, a PE ratio of -18.44 and a beta of 0.43. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97.
Rhinebeck Bancorp (NASDAQ:RBKB - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.25 earnings per share (EPS) for the quarter. Rhinebeck Bancorp had a negative net margin of 13.43% and a positive return on equity of 4.29%. The business had revenue of $13.09 million during the quarter.
Hedge Funds Weigh In On Rhinebeck Bancorp
Institutional investors and hedge funds have recently bought and sold shares of the company. Alliancebernstein L.P. lifted its stake in shares of Rhinebeck Bancorp by 70.8% in the 4th quarter. Alliancebernstein L.P. now owns 196,254 shares of the company's stock worth $1,898,000 after acquiring an additional 81,345 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Rhinebeck Bancorp by 24.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 22,704 shares of the company's stock worth $219,000 after buying an additional 4,519 shares in the last quarter. State of Wyoming purchased a new stake in shares of Rhinebeck Bancorp during the fourth quarter worth about $25,000. Finally, Empowered Funds LLC grew its holdings in shares of Rhinebeck Bancorp by 3.4% during the first quarter. Empowered Funds LLC now owns 53,026 shares of the company's stock worth $522,000 after buying an additional 1,762 shares in the last quarter. 23.88% of the stock is currently owned by institutional investors and hedge funds.
Rhinebeck Bancorp Company Profile
(
Get Free Report)
Rhinebeck Bancorp, Inc operates as the bank holding company for Rhinebeck Bank that provides banking and financial products and services to consumer and commercial customers in the Hudson Valley region of New York. The company offers deposits, including non-interest-bearing demand, interest bearing demand, money market, commercial and personal checking, individual retirement, and saving accounts, as well as certificates of deposit.
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