Isabella Bank (OTCMKTS:ISBA) Share Price Crosses Above 50-Day Moving Average of $22.78

Isabella Bank Co. (OTCMKTS:ISBAGet Rating) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $22.78 and traded as high as $23.00. Isabella Bank shares last traded at $23.00, with a volume of 14,249 shares traded.

Analyst Ratings Changes

Separately, Piper Sandler upgraded shares of Isabella Bank from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $24.00 to $25.00 in a report on Tuesday, October 25th.

Isabella Bank Price Performance

The business’s fifty day moving average is $22.78 and its 200-day moving average is $22.82. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market cap of $173.88 million, a PE ratio of 8.49 and a beta of 0.02.

Isabella Bank (OTCMKTS:ISBAGet Rating) last posted its quarterly earnings data on Thursday, October 20th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.02). Isabella Bank had a return on equity of 10.70% and a net margin of 26.92%. The company had revenue of $19.06 million for the quarter, compared to analysts’ expectations of $19.70 million. On average, research analysts predict that Isabella Bank Co. will post 2.94 earnings per share for the current fiscal year.

About Isabella Bank

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Isabella Bank Corp. is a holding company, which engages in the provision of financial services through its subsidiary, Isabella Bank. It offers checking accounts, savings accounts, certificates of deposit, direct deposits, cash management services, mobile and internet banking, electronic bill pay services, and automated teller machines.

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