Ottawa Bancorp (OTCMKTS:OTTW) Shares Up 0.4% – Here’s Why

Ottawa Bancorp (OTCMKTS:OTTW) shot up 0.4% during trading on Thursday . The stock traded as high as $15.41 and last traded at $15.41. Approximately 221 shares traded hands during trading, an increase of 43% from the average session volume of 154 shares. The stock had previously closed at $15.35.

Ottawa Bancorp Stock Performance

The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.12 and a current ratio of 1.12. The stock’s 50-day simple moving average is $15.30 and its 200 day simple moving average is $14.83. The company has a market capitalization of $35.44 million, a PE ratio of 19.51 and a beta of 0.11.

Ottawa Bancorp (OTCMKTS:OTTW) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.26 earnings per share (EPS) for the quarter. Ottawa Bancorp had a return on equity of 4.68% and a net margin of 9.69%.The business had revenue of $3.15 million for the quarter.

About Ottawa Bancorp

Ottawa Bancorp, Inc (OTCMKTS:OTTW) is the bank holding company of Ottawa Savings Bank, a community-focused financial institution headquartered in Ottawa, Ohio. Operating under a mutual holding company structure, Ottawa Bancorp emphasizes personalized service, local decision-making and reinvestment in the communities it serves.

Through Ottawa Savings Bank, the company provides a broad range of retail and commercial banking products, including checking and savings accounts, certificates of deposit, consumer lines of credit and residential mortgage loans.