Southern Michigan Bancorp Inc. (OTCMKTS:SOMC - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 changing hands.
Southern Michigan Bancorp Price Performance
The company has a debt-to-equity ratio of 1.10, a current ratio of 0.93 and a quick ratio of 0.93. The stock's fifty day moving average is $19.45 and its 200-day moving average is $19.15. The stock has a market cap of $95.13 million, a PE ratio of 8.74 and a beta of 0.07.
Southern Michigan Bancorp (OTCMKTS:SOMC - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The financial services provider reported $0.66 earnings per share for the quarter. The company had revenue of $13.28 million during the quarter. Southern Michigan Bancorp had a net margin of 12.52% and a return on equity of 10.29%.
About Southern Michigan Bancorp
(
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.
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