Evans Bancorp (NYSEAMERICAN:EVBN) Share Price Passes Below Fifty Day Moving Average – Here’s Why

Shares of Evans Bancorp, Inc. (NYSEAMERICAN:EVBNGet Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $39.49 and traded as low as $39.10. Evans Bancorp shares last traded at $39.49, with a volume of 34,406 shares.

Evans Bancorp Stock Performance

The firm has a fifty day simple moving average of $39.49 and a 200 day simple moving average of $39.49. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.86. The stock has a market cap of $218.77 million, a price-to-earnings ratio of 11.86 and a beta of 0.92.

Evans Bancorp Company Profile

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Evans Bancorp, Inc is the bank holding company for Evans Bank, a New York-chartered commercial bank headquartered in East Aurora, New York. Through its subsidiary, the company provides a full range of financial services, including deposit accounts, consumer and residential mortgage lending, and commercial lending solutions. Evans Bancorp operates under the regulatory supervision of the Federal Reserve and the New York State Department of Financial Services.

Evans Bank’s product portfolio encompasses checking and savings accounts, certificates of deposit, and money market accounts designed for both individual customers and small- to mid-sized businesses.

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