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

ECB Bancorp, Inc. (NASDAQ:ECBK) COO John A. Citrano acquired 5,000 shares of the stock in a transaction dated Tuesday, September 17th. The stock was bought at an average cost of $13.47 per share, with a total value of $67,350.00. Following the completion of the purchase, the chief operating officer now directly owns 51,000 shares in the company, valued at $686,970. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

ECB Bancorp Stock Performance

NASDAQ ECBK opened at $14.00 on Friday. The business’s 50 day moving average price is $13.42 and its 200-day moving average price is $12.84. ECB Bancorp, Inc. has a fifty-two week low of $9.82 and a fifty-two week high of $14.17. The company has a market cap of $129.04 million, a P/E ratio of 28.57 and a beta of 0.79. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.32 and a current ratio of 1.32.

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

Institutional Trading of ECB Bancorp

A hedge fund recently raised its stake in ECB Bancorp stock. Renaissance Technologies LLC grew its holdings in shares of ECB Bancorp, Inc. (NASDAQ:ECBK) by 3.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 36,400 shares of the company’s stock after buying an additional 1,300 shares during the quarter. Renaissance Technologies LLC owned 0.39% of ECB Bancorp worth $454,000 at the end of the most recent reporting period. 30.27% of the stock is owned by hedge funds and other institutional investors.

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.