Weiss Ratings Reiterates "Sell (D-)" Rating for Bogota Financial (NASDAQ:BSBK)

Key Points

• Weiss Ratings has reiterated a "Sell (D-)" rating for Bogota Financial (NASDAQ:BSBK), indicating continued concern over its performance.
• As of the latest trading session, Bogota Financial's stock price increased to $9.05, with a notably high price-to-earnings ratio of -905,000.00.
• The company reported a negative net margin of 0.27% and a negative return on equity of 0.09% for its most recent quarterly earnings.

Bogota Financial (NASDAQ:BSBK - Get Free Report)'s stock had its "sell (d-)" rating reiterated by Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Bogota Financial Stock Performance

Shares of NASDAQ:BSBK traded up $0.05 during trading on Wednesday, hitting $9.05. 18,239 shares of the stock traded hands, compared to its average volume of 5,036. The company has a fifty day moving average price of $9.03 and a two-hundred day moving average price of $7.96. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.77. The company has a market cap of $117.74 million, a price-to-earnings ratio of -905,000.00 and a beta of 0.27. Bogota Financial has a 52-week low of $6.59 and a 52-week high of $9.50.

Bogota Financial (NASDAQ:BSBK - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.02 EPS for the quarter. Bogota Financial had a negative net margin of 0.27% and a negative return on equity of 0.09%.

Bogota Financial Company Profile

Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States. It offers deposit accounts, including demand accounts, savings accounts, money market accounts, and certificate of deposit accounts. The company also provides one-to four-family residential real estate loans, and commercial real estate and multi-family loans; consumer loans, such as home equity loans and lines of credit; commercial and industrial loans; and construction loans; and buys, sells, and holds investment securities.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.