Southern Michigan Bancorp (OTCMKTS:SOMC) Stock Price Passes Below 200-Day Moving Average of $0.00

Southern Michigan Bancorp (OTCMKTS:SOMC) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as low as $37.11. Southern Michigan Bancorp shares last traded at $37.11, with a volume of 1,165 shares changing hands.

The firm has a market capitalization of $86.10 million, a P/E ratio of 10.46 and a beta of 0.30. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.43. The firm’s fifty day moving average price is $36.92.

Southern Michigan Bancorp (OTCMKTS:SOMC) last announced its quarterly earnings results on Wednesday, April 24th. The financial services provider reported $0.83 earnings per share (EPS) for the quarter. Southern Michigan Bancorp had a net margin of 22.08% and a return on equity of 11.06%. The company had revenue of $8.06 million for the quarter.

About Southern Michigan Bancorp (OTCMKTS:SOMC)

Southern Michigan Bancorp, Inc operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southern Michigan communities. Its deposit products include interest and non-interest checking, passbook savings, and various types of money market accounts; time, savings, and demand deposits; and certificates of deposit.

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