Shares are trading at $19.60 which is a tad above the 50 day moving average which is $18.63 and barely above the 200 day moving average of $18.49. The 50 day moving average moved up $0.97 and the 200 day average was up $1.11. 847 shares changed hands on Tuesday. Shares saw a steep decrease in trading volume of 88.47% under the normal average daily volume.
Traders are feeling more bullish on shares of the company lately if you evaluate the motion in short interest. The stock had a fall in short interest of -68.20% as of September 29, 2017 from the last reporting period. Short shares fell 3,583 over that period. With short interest at 1,671 and short average daily volume at 5,017, the short-interest ratio is 0.0 and the short interest percentage is 0.00% as of September 29.
These funds have shifted positions in (EBMT). Tower Research Capital LLC (trc) divested its stake by selling 233 shares a decrease of 88.9% as of 06/30/2017. Tower Research Capital LLC (trc) currently owns 29 shares worth $1,000. The total value of its holdings decreased 75.0%. As of quarter end Oppenheimer & Close, LLC had sold 28,350 shares trimming its stake by 25.3%. The value of the investment in (EBMT) decreased from $2,233,000 to $1,518,000 decreasing 32.0% for the reporting period.
As of the end of the quarter Glacier Peak Capital LLC had acquired a total of 8,178 shares growing its holdings by 2.2%. The value of the investment in Eagle Bancorp Montana, Inc. went from $7,333,000 to $6,817,000 a change of 7.0% quarter over quarter. As of the end of the quarter Context Bh Capital Management, Lp had acquired 6,649 shares growing its position 43.7%. The value in dollars went from $303,000 to $396,000 a change of $93,000 quarter to quarter.
Eagle Bancorp Montana, Inc.’s P/E ratio is 15.08 and the market cap is 74.70M. As of the last earnings report the EPS was $1.30 and is estimated to be $1.22 for the current year with 3,811,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $0.35 and the next full year EPS is projected to be $1.74.
Eagle Bancorp Montana, Inc., launched on December 2, 2009, is the bank holding company for Opportunity Bank of Montana (the Bank). The Bank is a Montana-chartered commercial bank. The Bank has equity investments in Certified Development Entities, which have received allocations of New Markets Tax Credits (NMTC). The Company offers wealth management services at its locations through financial advisors employed by the Bank..