Bogota Financial (NASDAQ:BSBK) Trading Down 0.1% - Here's Why

Bogota Financial Corp. (NASDAQ:BSBK - Get Free Report) shares were down 0.1% during trading on Thursday . The company traded as low as $7.78 and last traded at $8.05. Approximately 3,548 shares changed hands during trading, a decline of 32% from the average daily volume of 5,208 shares. The stock had previously closed at $8.05.Get Bogota Financial alerts:Bogota Financial Trading Down 0.1 %The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market cap of $105.15 million, a price-to-earnings ratio of -57.46 and a beta of 0.54. The company's 50 day simple moving average is $7.82 and its two-hundred day simple moving average is $7.83. Bogota Financial (NASDAQ:BSBK - Get Free Report) last issued its earnings results on Friday, February 14th. The company reported ($0.07) earnings per share for the quarter. The firm had revenue of $2.92 million during the quarter. Bogota Financial had a negative return on equity of 1.43% and a negative net margin of 4.53%. Hedge Funds Weigh In On Bogota FinancialLarge investors have recently made changes to their positions in the business. Northern Trust Corp grew its position in Bogota Financial by 63.3% in the 4th quarter. Northern Trust Corp now owns 25,708 shares of the company's stock worth $193,000 after purchasing an additional 9,963 shares during the last quarter. Geode Capital Management LLC grew its position in Bogota Financial by 17.8% during the third quarter. Geode Capital Management LLC now owns 48,904 shares of the company's stock worth $406,000 after buying an additional 7,385 shares in the last quarter. Finally, M3F Inc. increased its stake in Bogota Financial by 0.3% during the fourth quarter. M3F Inc. now owns 496,605 shares of the company's stock valued at $3,725,000 after acquiring an additional 1,619 shares during the period. Institutional investors and hedge funds own 11.63% of the company's stock. Bogota Financial Company Profile (Get Free Report)Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States. It offers deposit accounts, including demand accounts, savings accounts, money market accounts, and certificate of deposit accounts. The company also provides one-to four-family residential real estate loans, and commercial real estate and multi-family loans; consumer loans, such as home equity loans and lines of credit; commercial and industrial loans; and construction loans; and buys, sells, and holds investment securities.Featured StoriesFive stocks we like better than Bogota FinancialInvesting in Construction StocksRay Dalio's Bridgewater Loaded Up on These Stocks in Q4 2024How Can Investors Benefit From After-Hours TradingWalmart Faces Tariff Headwinds, Consumer Trends Remain PositiveWhat is the Nasdaq? Complete Overview with HistoryTesla: 2 Reasons to Buy, 1 Reason to RunThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Bogota Financial Right Now?Before you consider Bogota Financial, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bogota Financial wasn't on the list.While Bogota Financial currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here