ECB Bancorp (NASDAQ:ECBK) Posts Quarterly Earnings Results

ECB Bancorp (NASDAQ:ECBK - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.17 earnings per share for the quarter, Zacks reports. ECB Bancorp had a return on equity of 2.40% and a net margin of 5.85%.

ECB Bancorp Stock Performance

NASDAQ ECBK traded down $0.35 during trading hours on Friday, hitting $13.85. The company had a trading volume of 3,367 shares, compared to its average volume of 8,700. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.41. The firm has a market cap of $126.24 million, a P/E ratio of 29.46 and a beta of 0.70. ECB Bancorp has a fifty-two week low of $11.39 and a fifty-two week high of $15.75. The business has a fifty day simple moving average of $14.50 and a 200-day simple moving average of $14.32.

ECB Bancorp Company Profile

ECB Bancorp, Inc operating as a holding company for Everett Co-operative Bank that provides various banking products and services. The company accepts various deposit products, including certificate of deposit accounts, IRAs, money market accounts, savings accounts, demand deposit accounts, and interest-bearing and noninterest-bearing checking accounts.