Southern Michigan Bancorp Inc. (OTCMKTS:SOMC - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $19.15 and traded as high as $20.74. Southern Michigan Bancorp shares last traded at $20.55, with a volume of 4,000 shares traded.
Southern Michigan Bancorp Price Performance
The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market capitalization of $96.07 million, a PE ratio of 8.83 and a beta of 0.07. The stock's 50 day moving average is $19.52 and its two-hundred day moving average is $19.18.
Southern Michigan Bancorp (OTCMKTS:SOMC - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The financial services provider reported $0.66 EPS for the quarter. The business had revenue of $13.28 million during the quarter. Southern Michigan Bancorp had a return on equity of 10.29% and a net margin of 12.52%.
Southern Michigan Bancorp Company Profile
(
Get Free Report)
Southern Michigan Bancorp, Inc operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest Michigan communities. Its deposit products include interest and non-interest checking, savings, and various types of money market accounts; time, savings, and demand deposits; and certificates of deposit and IRAs.
Further Reading
Before you consider Southern Michigan Bancorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Southern Michigan Bancorp wasn't on the list.
While Southern Michigan Bancorp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
