Isabella Bank (OTCMKTS:ISBA) Stock Price Passes Below 50 Day Moving Average – Time to Sell?

Shares of Isabella Bank Co. (OTCMKTS:ISBA) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $25.40 and traded as low as $25.38. Isabella Bank shares last traded at $25.79, with a volume of 846 shares trading hands.

Analyst Ratings Changes

Separately, Piper Sandler increased their price objective on Isabella Bank from $22.00 to $24.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th.

Isabella Bank Trading Up 0.0 %

The firm has a 50-day simple moving average of $25.43 and a 200-day simple moving average of $22.13. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.45. The stock has a market cap of $191.69 million, a PE ratio of 14.10 and a beta of 0.02.

Isabella Bank (OTCMKTS:ISBA) last issued its quarterly earnings data on Thursday, October 24th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.16. The business had revenue of $18.02 million for the quarter, compared to analysts’ expectations of $17.50 million. Isabella Bank had a return on equity of 7.32% and a net margin of 13.43%. Equities analysts forecast that Isabella Bank Co. will post 1.99 earnings per share for the current year.

Isabella Bank Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Monday, December 16th were issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date was Monday, December 16th. Isabella Bank’s dividend payout ratio (DPR) is presently 61.20%.

Isabella Bank Company Profile

Isabella Bank Corporation operates as the bank holding company for Isabella Bank that provides various banking products and services to businesses, institutions, and individuals and their families. Its deposit products include checking accounts, savings accounts, certificates of deposit, direct deposits, and money market accounts.