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

Isabella Bank Co. (OTCMKTS:ISBA) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $24.82 and traded as low as $22.86. Isabella Bank shares last traded at $23.38, with a volume of 4,588 shares.

Analyst Upgrades and Downgrades

Separately, Piper Sandler boosted their price target on Isabella Bank from $26.50 to $28.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd.

Isabella Bank Trading Down 0.9 %

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 $173.36 million, a PE ratio of 12.57 and a beta of 0.03. The business’s fifty day moving average is $24.82 and its 200 day moving average is $23.72.

Isabella Bank (OTCMKTS:ISBA) last released its quarterly earnings results on Thursday, January 30th. The company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.03. Isabella Bank had a return on equity of 7.34% and a net margin of 13.28%. As a group, analysts predict that Isabella Bank Co. will post 2.25 earnings per share for the current year.

Isabella Bank Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a $0.28 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $1.12 annualized dividend and a dividend yield of 4.79%. Isabella Bank’s dividend payout ratio is presently 60.22%.

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.