ECB Bancorp, Inc. (NASDAQ:ECBK - Get Free Report) rose 0.5% during trading on Monday . The company traded as high as $15.18 and last traded at $15.12. Approximately 7,437 shares traded hands during trading, an increase of 4% from the average daily volume of 7,142 shares. The stock had previously closed at $15.05.
ECB Bancorp Stock Performance
The firm has a market capitalization of $137.68 million, a price-to-earnings ratio of 38.72 and a beta of 0.73. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.31 and a current ratio of 1.31. The stock's fifty day moving average is $15.05 and its two-hundred day moving average is $13.98.
ECB Bancorp (NASDAQ:ECBK - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The company reported $0.14 EPS for the quarter. The firm had revenue of $6.60 million during the quarter. ECB Bancorp had a return on equity of 2.01% and a net margin of 5.11%.
Hedge Funds Weigh In On ECB Bancorp
Several large investors have recently added to or reduced their stakes in ECBK. Sachetta LLC increased its position in ECB Bancorp by 2.2% in the third quarter. Sachetta LLC now owns 109,438 shares of the company's stock worth $1,567,000 after buying an additional 2,333 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of ECB Bancorp by 3.7% during the second quarter. Renaissance Technologies LLC now owns 36,400 shares of the company's stock valued at $454,000 after acquiring an additional 1,300 shares during the period. Finally, Eastern Bank bought a new position in shares of ECB Bancorp during the third quarter worth about $229,000. 30.27% of the stock is currently owned by institutional investors.
ECB Bancorp Company Profile
(
Get Free Report)
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.
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