Auburn National Bancorporation (NASDAQ:AUBN) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $21.24 and traded as high as $21.74. Auburn National Bancorporation shares last traded at $21.11, with a volume of 5,488 shares changing hands.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Auburn National Bancorporation in a research report on Friday. They set a “hold” rating for the company.

Auburn National Bancorporation Stock Up 2.2 %

The company has a fifty day simple moving average of $22.70 and a two-hundred day simple moving average of $21.26. The stock has a market capitalization of $76.52 million, a P/E ratio of 11.92 and a beta of 0.52.

Auburn National Bancorporation (NASDAQ:AUBN) last released its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $0.45 earnings per share for the quarter. Auburn National Bancorporation had a net margin of 2.43% and a return on equity of 8.20%.

Institutional Investors Weigh In On Auburn National Bancorporation

A number of hedge funds and other institutional investors have recently bought and sold shares of AUBN. Empowered Funds LLC lifted its stake in shares of Auburn National Bancorporation by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 10,598 shares of the financial services provider’s stock worth $243,000 after buying an additional 536 shares during the last quarter. Geode Capital Management LLC grew its position in Auburn National Bancorporation by 6.5% during the third quarter. Geode Capital Management LLC now owns 23,368 shares of the financial services provider’s stock worth $535,000 after buying an additional 1,429 shares in the last quarter. Aptus Capital Advisors LLC increased its position in shares of Auburn National Bancorporation by 14.9% in the third quarter. Aptus Capital Advisors LLC now owns 28,390 shares of the financial services provider’s stock worth $650,000 after purchasing an additional 3,691 shares during the period. Captrust Financial Advisors acquired a new stake in Auburn National Bancorporation during the third quarter worth about $211,000. Finally, RBF Capital LLC acquired a new position in Auburn National Bancorporation during the third quarter valued at approximately $229,000. Institutional investors and hedge funds own 39.46% of the company’s stock.

About Auburn National Bancorporation

Auburn National Bancorporation, Inc operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company offers checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; and other financial services.