Shares of ECB Bancorp, Inc. (NASDAQ:ECBK - Get Free Report) traded up 0.4% during trading on Friday . The company traded as high as $15.24 and last traded at $15.20. 11,943 shares changed hands during mid-day trading, an increase of 62% from the average session volume of 7,367 shares. The stock had previously closed at $15.14.
ECB Bancorp Trading Up 0.1 %
The firm has a fifty day moving average of $14.43 and a 200-day moving average of $14.59. 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 has a market capitalization of $138.68 million, a price-to-earnings ratio of 32.36 and a beta of 0.64.
ECB Bancorp (NASDAQ:ECBK - Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported $0.17 EPS for the quarter. ECB Bancorp had a net margin of 5.85% and a return on equity of 2.40%.
Insider Activity at ECB Bancorp
In related news, CFO Brandon Lavertu bought 1,828 shares of the firm's stock in a transaction on Monday, February 24th. The stock was bought at an average cost of $14.45 per share, for a total transaction of $26,414.60. Following the completion of the purchase, the chief financial officer now directly owns 32,383 shares in the company, valued at approximately $467,934.35. The trade was a 5.98 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 6.00% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
An institutional investor recently raised its position in ECB Bancorp stock. Northern Trust Corp lifted its holdings in ECB Bancorp, Inc. (NASDAQ:ECBK - Free Report) by 22.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 30,464 shares of the company's stock after purchasing an additional 5,495 shares during the quarter. Northern Trust Corp owned 0.33% of ECB Bancorp worth $452,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 30.27% of the company's stock.
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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