John A. Citrano Purchases 5,000 Shares of ECB Bancorp, Inc. (NASDAQ:ECBK) Stock

ECB Bancorp, Inc. (NASDAQ:ECBK) COO John A. Citrano acquired 5,000 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The stock was bought at an average price of $13.47 per share, for a total transaction of $67,350.00. Following the acquisition, the chief operating officer now owns 51,000 shares of the company’s stock, valued at approximately $686,970. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

ECB Bancorp Trading Up 4.4 %

Shares of ECBK stock opened at $14.62 on Friday. The business has a 50-day moving average of $13.46 and a 200 day moving average of $12.85. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.32 and a quick ratio of 1.32. ECB Bancorp, Inc. has a 1-year low of $9.82 and a 1-year high of $14.62. The stock has a market capitalization of $134.75 million, a PE ratio of 29.84 and a beta of 0.79.

ECB Bancorp (NASDAQ:ECBK) last released its quarterly earnings data on Friday, August 9th. The company reported $0.09 earnings per share for the quarter. ECB Bancorp had a return on equity of 2.14% and a net margin of 5.68%. The firm had revenue of $6.30 million during the quarter.

Institutional Investors Weigh In On ECB Bancorp

A hedge fund recently raised its stake in ECB Bancorp stock. Renaissance Technologies LLC lifted its position in shares of ECB Bancorp, Inc. (NASDAQ:ECBK) by 3.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,400 shares of the company’s stock after purchasing an additional 1,300 shares during the period. Renaissance Technologies LLC owned 0.39% of ECB Bancorp worth $454,000 as of its most recent SEC filing. 30.27% of the stock is owned by institutional investors and hedge funds.

About ECB Bancorp

ECB Bancorp, Inc operating as a holding company for Everett Co-operative Bank that provides various banking products and services. The company accepts various deposit products, including certificate of deposit accounts, IRAs, money market accounts, savings accounts, demand deposit accounts, and interest-bearing and noninterest-bearing checking accounts.