Bogota Financial (NASDAQ:BSBK) Announces Earnings Results

Bogota Financial (NASDAQ:BSBK) released its earnings results on Monday. The company reported $0.04 earnings per share for the quarter, Zacks reports. Bogota Financial had a negative return on equity of 0.09% and a negative net margin of 0.27%.

Bogota Financial Stock Performance

BSBK stock remained flat at $8.67 during midday trading on Monday. The company’s stock had a trading volume of 2,295 shares, compared to its average volume of 5,144. Bogota Financial has a twelve month low of $6.59 and a twelve month high of $9.50. The stock has a market cap of $112.78 million, a price-to-earnings ratio of -867,000.00 and a beta of 0.27. The company’s 50-day moving average price is $9.08 and its two-hundred day moving average price is $8.16. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.77.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Bogota Financial in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

About Bogota Financial

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.