Rhinebeck Bancorp (NASDAQ:RBKB - Get Free Report) released its earnings results on Thursday. The company reported $0.05 EPS for the quarter, Zacks reports. Rhinebeck Bancorp had a positive return on equity of 3.44% and a negative net margin of 15.89%.
Rhinebeck Bancorp Stock Down 0.4 %
NASDAQ RBKB traded down $0.04 during trading hours on Monday, hitting $9.98. The company had a trading volume of 6,575 shares, compared to its average volume of 6,461. The firm's 50 day moving average is $9.73 and its 200 day moving average is $9.11. The company has a market capitalization of $110.66 million, a price-to-earnings ratio of -12.32 and a beta of 0.75. Rhinebeck Bancorp has a fifty-two week low of $7.30 and a fifty-two week high of $10.24. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.94 and a quick ratio of 0.94.
Insider Activity at Rhinebeck Bancorp
In related news, insider Francis X. Dwyer sold 14,779 shares of the business's stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $9.78, for a total transaction of $144,538.62. Following the completion of the sale, the insider now owns 10,079 shares of the company's stock, valued at $98,572.62. This represents a 59.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders have sold 17,745 shares of company stock worth $173,652. 6.36% of the stock is currently owned by company insiders.
About Rhinebeck Bancorp
(
Get Free Report)
Rhinebeck Bancorp, Inc operates as the bank holding company for Rhinebeck Bank that provides banking and financial products and services to consumer and commercial customers in the Hudson Valley region of New York. The company offers deposits, including non-interest-bearing demand, interest bearing demand, money market, commercial and personal checking, individual retirement, and saving accounts, as well as certificates of deposit.
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