Isabella Bank (OTCMKTS:ISBA) Stock Passes Below Fifty Day Moving Average – Should You Sell?

Isabella Bank Co. (OTCMKTS:ISBA) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $25.40 and traded as low as $25.38. Isabella Bank shares last traded at $25.79, with a volume of 846 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Piper Sandler upped their price objective on shares of Isabella Bank from $22.00 to $24.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th.

Isabella Bank Stock Performance

The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $191.62 million, a PE ratio of 14.09 and a beta of 0.02. The firm’s fifty day moving average price is $25.40 and its two-hundred day moving average price is $22.08.

Isabella Bank (OTCMKTS:ISBA) last posted its earnings results on Thursday, October 24th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.16. The firm had revenue of $18.02 million during the quarter, compared to analyst estimates of $17.50 million. Isabella Bank had a net margin of 13.43% and a return on equity of 7.32%. As a group, equities research analysts forecast that Isabella Bank Co. will post 1.99 EPS for the current year.

Isabella Bank Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Monday, December 16th were paid a $0.28 dividend. The ex-dividend date was Monday, December 16th. This represents a $1.12 dividend on an annualized basis and a yield of 4.34%. Isabella Bank’s dividend payout ratio is currently 61.20%.

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.