Bogota Financial (NASDAQ:BSBK) Stock Price Down 0.4% – Should You Sell?

Bogota Financial Corp. (NASDAQ:BSBK) traded down 0.4% on Thursday . The company traded as low as $7.50 and last traded at $7.50. 468 shares were traded during trading, a decline of 93% from the average session volume of 6,684 shares. The stock had previously closed at $7.53.

Bogota Financial Trading Up 1.3 %

The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09. The firm has a market cap of $99.37 million, a price-to-earnings ratio of -47.50 and a beta of 0.52. The company has a fifty day moving average price of $7.97 and a 200-day moving average price of $7.62.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Bogota Financial stock. Geode Capital Management LLC increased its position in shares of Bogota Financial Corp. (NASDAQ:BSBK) by 17.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 48,904 shares of the company’s stock after buying an additional 7,385 shares during the period. Geode Capital Management LLC owned 0.37% of Bogota Financial worth $406,000 as of its most recent filing with the SEC. 11.63% of the stock is owned by institutional investors and hedge funds.

About Bogota Financial

Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States. It offers deposit accounts, including demand accounts, savings accounts, money market accounts, and certificate of deposit accounts. The company also provides one-to four-family residential real estate loans, and commercial real estate and multi-family loans; consumer loans, such as home equity loans and lines of credit; commercial and industrial loans; and construction loans; and buys, sells, and holds investment securities.