Auburn National Bancorporation (NASDAQ:AUBN) Shares Cross Below 200-Day Moving Average – Time to Sell?

Auburn National Bancorporation, Inc. (NASDAQ:AUBN)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $24.22 and traded as low as $24.00. Auburn National Bancorporation shares last traded at $25.78, with a volume of 3,624 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Auburn National Bancorporation in a research note on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Auburn National Bancorporation Stock Performance

The firm has a market capitalization of $90.08 million, a PE ratio of 12.58 and a beta of 0.49. The firm has a fifty day moving average of $26.23 and a 200 day moving average of $24.22.

Auburn National Bancorporation (NASDAQ:AUBN) last announced its earnings results on Thursday, October 23rd. The financial services provider reported $0.64 EPS for the quarter. The business had revenue of $8.40 million for the quarter. Auburn National Bancorporation had a return on equity of 8.67% and a net margin of 15.43%.

Auburn National Bancorporation Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Wednesday, September 10th were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Wednesday, September 10th. Auburn National Bancorporation’s dividend payout ratio (DPR) is presently 52.68%.

Institutional Investors Weigh In On Auburn National Bancorporation

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Bridgeway Capital Management LLC increased its holdings in Auburn National Bancorporation by 2.1% during the 2nd quarter. Bridgeway Capital Management LLC now owns 28,693 shares of the financial services provider’s stock worth $743,000 after purchasing an additional 588 shares during the last quarter. Truffle Hound Capital LLC purchased a new stake in Auburn National Bancorporation during the 2nd quarter worth approximately $703,000. Finally, Empowered Funds LLC increased its holdings in Auburn National Bancorporation by 8.4% during the 1st quarter. Empowered Funds LLC now owns 12,105 shares of the financial services provider’s stock worth $261,000 after purchasing an additional 935 shares during the last quarter. 39.46% of the stock is currently owned by hedge funds and other institutional investors.

Auburn National Bancorporation Company Profile

Auburn National Bancorporation, Inc operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company offers checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; and other financial services.