Evans Bancorp (NYSEAMERICAN:EVBN) Stock Price Up 2.3% – Here’s Why
by Michael Walen · The Markets DailyEvans Bancorp, Inc. (NYSEAMERICAN:EVBN – Get Free Report)’s stock price traded up 2.3% during trading on Friday . The company traded as high as $39.68 and last traded at $39.49. Approximately 34,406 shares changed hands during mid-day trading, an increase of 26% from the average daily volume of 27,275 shares. The stock had previously closed at $38.60.
Evans Bancorp Price Performance
The stock has a market capitalization of $218.77 million, a P/E ratio of 11.86 and a beta of 0.92. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a fifty day moving average price of $39.49 and a two-hundred day moving average price of $39.49.
About Evans Bancorp
Evans Bancorp, Inc is the bank holding company for Evans Bank, a New York-chartered commercial bank headquartered in East Aurora, New York. Through its subsidiary, the company provides a full range of financial services, including deposit accounts, consumer and residential mortgage lending, and commercial lending solutions. Evans Bancorp operates under the regulatory supervision of the Federal Reserve and the New York State Department of Financial Services.
Evans Bank’s product portfolio encompasses checking and savings accounts, certificates of deposit, and money market accounts designed for both individual customers and small- to mid-sized businesses.