Elmira Savings Bank (NASDAQ:ESBK) Share Price Passes Above 200 Day Moving Average of $0.00

Elmira Savings Bank (NASDAQ:ESBK) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $14.80. Elmira Savings Bank shares last traded at $14.80, with a volume of 1,210 shares traded.

The business’s 50-day moving average price is $15.38 and its two-hundred day moving average price is $16.71. The company has a market capitalization of $48.83 million, a P/E ratio of 13.61 and a beta of 0.30.

Elmira Savings Bank (NASDAQ:ESBK) last announced its quarterly earnings results on Wednesday, July 17th. The real estate investment trust reported $0.21 earnings per share for the quarter. The firm had revenue of $5.22 million for the quarter.



Several hedge funds and other institutional investors have recently made changes to their positions in ESBK. Bank of America Corp DE boosted its position in shares of Elmira Savings Bank by 30.0% during the fourth quarter. Bank of America Corp DE now owns 8,300 shares of the real estate investment trust’s stock worth $145,000 after purchasing an additional 1,913 shares in the last quarter. Morgan Stanley boosted its position in shares of Elmira Savings Bank by 61.4% during the second quarter. Morgan Stanley now owns 9,937 shares of the real estate investment trust’s stock worth $159,000 after purchasing an additional 3,780 shares in the last quarter. Finally, Valicenti Advisory Services Inc. raised its holdings in shares of Elmira Savings Bank by 1.2% during the second quarter. Valicenti Advisory Services Inc. now owns 125,121 shares of the real estate investment trust’s stock worth $2,008,000 after acquiring an additional 1,500 shares during the period. 15.22% of the stock is currently owned by institutional investors.

Elmira Savings Bank Company Profile (NASDAQ:ESBK)

Elmira Savings Bank provides banking products and services to individual and commercial customers. It accepts savings and money market accounts, time deposits, retail and commercial checking accounts, certificates of deposit, individual retirement arrangements, and NOW accounts. The company also provides consumer loans comprising auto, truck, and motorcycle loans; personal loans; boats, recreational vehicles, and other outdoor sports equipment loans; home improvement/equity loans; jacuzzi/hot tub/pool loans; and lines of credit.

Featured Article: Calculate Your Return on Investment (ROI)

Receive News & Ratings for Elmira Savings Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Elmira Savings Bank and related companies with MarketBeat.com's FREE daily email newsletter.