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

ECB Bancorp, Inc. (NASDAQ:ECBK) COO John A. Citrano bought 5,000 shares of the stock in a transaction that occurred on Tuesday, September 17th. The shares were acquired 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 owns 51,000 shares in the company, valued at approximately $686,970. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

ECB Bancorp Stock Up 4.4 %

ECB Bancorp stock opened at $14.62 on Friday. ECB Bancorp, Inc. has a twelve month low of $9.82 and a twelve month high of $14.62. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.35. The company has a 50 day moving average of $13.46 and a 200-day moving average of $12.85. 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 posted its quarterly earnings data on Friday, August 9th. The company reported $0.09 earnings per share (EPS) for the quarter. ECB Bancorp had a return on equity of 2.14% and a net margin of 5.68%. The business had revenue of $6.30 million during the quarter.

Institutional Trading of ECB Bancorp

A hedge fund recently raised its stake in ECB Bancorp stock. Renaissance Technologies LLC grew its stake in shares of ECB Bancorp, Inc. (NASDAQ:ECBK) by 3.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,400 shares of the company’s stock after purchasing an additional 1,300 shares during the quarter. Renaissance Technologies LLC owned about 0.39% of ECB Bancorp worth $454,000 at the end of the most recent quarter. 30.27% of the stock is currently 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.