Bogota Financial (NASDAQ:BSBK) Shares Up 0.8% - Here's What Happened

Bogota Financial Corporation (NASDAQ:BSBK - Get Free Report) rose 0.8% during trading on Tuesday . The company traded as high as $8.59 and last traded at $8.5650. Approximately 8,653 shares were traded during mid-day trading, an increase of 71% from the average daily volume of 5,059 shares. The stock had previously closed at $8.50.Get Bogota Financial alerts:Analyst Ratings ChangesSeparately, Weiss Ratings reiterated a "hold (c-)" rating on shares of Bogota Financial in a report on Monday. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Hold".View Our Latest Report on Bogota FinancialBogota Financial Trading Up 0.8%The firm has a market capitalization of $111.09 million, a P/E ratio of 171.33 and a beta of 0.28. The stock has a 50-day simple moving average of $8.79 and a two-hundred day simple moving average of $8.34. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.67. Bogota Financial (NASDAQ:BSBK - Get Free Report) last announced its quarterly earnings results on Monday, November 3rd. The company reported $0.04 EPS for the quarter. The firm had revenue of $4.22 million for the quarter. Bogota Financial had a return on equity of 0.35% and a net margin of 1.08%.Institutional Investors Weigh In On Bogota FinancialA hedge fund recently raised its stake in Bogota Financial stock. Vanguard Group Inc. increased its stake in shares of Bogota Financial Corporation (NASDAQ:BSBK - Free Report) by 4.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 188,608 shares of the company's stock after purchasing an additional 8,517 shares during the quarter. Vanguard Group Inc. owned approximately 1.45% of Bogota Financial worth $1,741,000 as of its most recent SEC filing. 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.Further ReadingFive stocks we like better than Bogota FinancialWith Risk Tolerance, One Size Does Not Fit AllWarner Bros. Sale Rumors Heat Up: What Investors Need to KnowWhat is a penny stock? A comprehensive guideFrom Science Project to Solvent: WeRide’s 761% Revenue Surge3 Ways To Invest In Coffee, Other Than Drinking ItWill the S&P 500 Rally in December? These 3 Signals Point to a Big Move AheadThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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