ECB Bancorp, Inc. (NASDAQ:ECBK – Get Free Report) CFO Brandon Lavertu purchased 5,000 shares of the stock in a transaction dated Thursday, September 19th. The stock was bought at an average cost of $13.97 per share, with a total value of $69,850.00. Following the transaction, the chief financial officer now owns 45,000 shares in the company, valued at $628,650. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
ECB Bancorp Stock Performance
ECBK stock traded up $0.17 on Friday, hitting $14.17. The company had a trading volume of 8,018 shares, compared to its average volume of 6,345. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 1.35. The stock has a market cap of $130.60 million, a price-to-earnings ratio of 28.57 and a beta of 0.79. The stock’s 50-day simple moving average is $13.42 and its 200 day simple moving average is $12.84. ECB Bancorp, Inc. has a 12-month low of $9.82 and a 12-month high of $14.29.
ECB Bancorp (NASDAQ:ECBK – Get Free Report) last released its quarterly earnings results on Friday, August 9th. The company reported $0.09 earnings per share for the quarter. ECB Bancorp had a net margin of 5.68% and a return on equity of 2.14%. The business had revenue of $6.30 million for the quarter.
Institutional Investors Weigh In On ECB Bancorp
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.
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