Rhinebeck Bancorp, Inc. (NASDAQ:RBKB - Get Free Report)'s stock price was up 1.1% during trading on Tuesday . The stock traded as high as $12.07 and last traded at $11.86. Approximately 16,776 shares traded hands during mid-day trading, an increase of 58% from the average daily volume of 10,612 shares. The stock had previously closed at $11.73.
Rhinebeck Bancorp Price Performance
The stock has a market cap of $131.87 million, a PE ratio of -16.97 and a beta of 0.43. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.97 and a current ratio of 0.97. The business has a 50 day moving average price of $11.49 and a two-hundred day moving average price of $10.51.
Rhinebeck Bancorp (NASDAQ:RBKB - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The company reported $0.21 earnings per share for the quarter. The business had revenue of $12.79 million for the quarter. Rhinebeck Bancorp had a positive return on equity of 4.29% and a negative net margin of 13.43%.
Hedge Funds Weigh In On Rhinebeck Bancorp
Several institutional investors have recently added to or reduced their stakes in RBKB. Alliancebernstein L.P. boosted its stake in Rhinebeck Bancorp by 70.8% in the fourth quarter. Alliancebernstein L.P. now owns 196,254 shares of the company's stock valued at $1,898,000 after acquiring an additional 81,345 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Rhinebeck Bancorp by 24.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 22,704 shares of the company's stock worth $219,000 after purchasing an additional 4,519 shares during the period. Empowered Funds LLC lifted its stake in Rhinebeck Bancorp by 3.4% in the first quarter. Empowered Funds LLC now owns 53,026 shares of the company's stock valued at $522,000 after purchasing an additional 1,762 shares during the last quarter. Finally, State of Wyoming bought a new position in Rhinebeck Bancorp during the fourth quarter valued at $25,000. Institutional investors own 23.88% of the company's stock.
About Rhinebeck Bancorp
(
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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