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

Isabella Bank Co. (OTCMKTS:ISBA) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $25.59 and traded as low as $25.45. Isabella Bank shares last traded at $25.45, with a volume of 501 shares traded.

Wall Street Analyst Weigh In

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

Isabella Bank Stock Up 0.2 %

The firm’s 50 day moving average is $25.59 and its two-hundred day moving average is $22.68. The stock has a market cap of $188.84 million, a price-to-earnings ratio of 13.68 and a beta of 0.02. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.45.

Isabella Bank (OTCMKTS:ISBA) last announced its earnings results on Thursday, January 30th. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.03. Isabella Bank had a net margin of 13.28% and a return on equity of 7.34%. On average, sell-side analysts predict that Isabella Bank Co. will post 2.25 EPS for the current year.

Isabella Bank Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Monday, December 16th were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 4.40%. The ex-dividend date was Monday, December 16th. Isabella Bank’s dividend payout ratio (DPR) is 60.22%.

About Isabella Bank

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.