share_log

Ames National (NASDAQ:ATLO) Stock Price Passes Above 50 Day Moving Average of $22.13

Financial News Live ·  Sep 28, 2022 18:53

Ames National Co. (NASDAQ:ATLO – Get Rating)'s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $22.13 and traded as high as $22.25. Ames National shares last traded at $22.01, with a volume of 26,690 shares.

Ames National Stock Up 0.0 %

The company has a debt-to-equity ratio of 0.03, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a 50 day simple moving average of $22.13 and a 200-day simple moving average of $22.92. The stock has a market capitalization of $198.00 million, a price-to-earnings ratio of 9.37 and a beta of 0.64.

Get Ames National alerts:

Ames National Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 15th. Stockholders of record on Tuesday, November 1st will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 4.90%. The ex-dividend date is Monday, October 31st. Ames National's payout ratio is presently 45.96%.

Institutional Trading of Ames National

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Ames National by 6.6% during the first quarter. Vanguard Group Inc. now owns 399,971 shares of the financial services provider's stock worth $9,943,000 after purchasing an additional 24,918 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Ames National by 8.0% in the first quarter. Dimensional Fund Advisors LP now owns 192,291 shares of the financial services provider's stock valued at $4,780,000 after acquiring an additional 14,305 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in Ames National by 0.5% in the fourth quarter. Renaissance Technologies LLC now owns 133,084 shares of the financial services provider's stock valued at $3,259,000 after acquiring an additional 606 shares during the last quarter. LPL Financial LLC boosted its holdings in Ames National by 63.2% in the second quarter. LPL Financial LLC now owns 39,792 shares of the financial services provider's stock valued at $883,000 after acquiring an additional 15,415 shares during the last quarter. Finally, Carl P. Sherr & Co. LLC boosted its holdings in Ames National by 2.9% in the first quarter. Carl P. Sherr & Co. LLC now owns 39,106 shares of the financial services provider's stock valued at $972,000 after acquiring an additional 1,106 shares during the last quarter. Institutional investors own 19.82% of the company's stock.

About Ames National

(Get Rating)

Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north-central, and south-central Iowa. The company accepts a range of deposits, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit.

Featured Articles

  • Get a free copy of the StockNews.com research report on Ames National (ATLO)
  • Can United Natural Foods Fight Both Inflation and the Fed?
  • Mullen Automotive Is Ready To Get In Gear
  • Cracker Barrel: A Tasty Treat Or Bad Apple?
  • Defensive Stocks For A Volatile Market
  • Will UPS Be Next to Deliver a Warning?

Receive News & Ratings for Ames National Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ames National and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment