Isabella Bank (OTCMKTS:ISBA) Shares Pass Below Fifty Day Moving Average of $19.09

Isabella Bank Co. (OTCMKTS:ISBA) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $19.09 and traded as low as $19.00. Isabella Bank shares last traded at $19.18, with a volume of 3,200 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Piper Sandler upped their price target on shares of Isabella Bank from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Wednesday, July 31st.

Isabella Bank Stock Performance

The firm has a market cap of $144.42 million, a P/E ratio of 9.09 and a beta of -0.04. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.59. The company’s 50-day moving average is $19.12 and its two-hundred day moving average is $18.89.

Isabella Bank (OTCMKTS:ISBA) last posted its quarterly earnings data on Thursday, July 25th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.42 by $0.04. The firm had revenue of $25.70 million during the quarter, compared to analyst estimates of $17.00 million. Isabella Bank had a net margin of 14.98% and a return on equity of 7.50%. As a group, equities analysts predict that Isabella Bank Co. will post 1.8 EPS for the current fiscal year.

About Isabella Bank

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.