Separately, ValuEngine upgraded Ames National from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd.
NASDAQ:ATLO traded down $0.02 during mid-day trading on Friday, hitting $26.75. 6,983 shares of the company traded hands, compared to its average volume of 9,076. Ames National has a one year low of $24.47 and a one year high of $32.15. The firm has a market capitalization of $243.18 million, a PE ratio of 14.70 and a beta of 0.57. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.76 and a current ratio of 0.76.
Ames National Company Profile
Ames National Corporation operates as a multi-bank holding company that provides banking services primarily in the central and north central Iowa counties of Boone, Hancock, Marshall, Polk, and Story. The company offers a range of deposits, including checking accounts, savings accounts, time deposits, money market accounts, demand deposits, and certificates of deposit; and loans, such as short-term and medium-term commercial and agricultural real estate loans, residential real estate loans, equipment loans, vehicle loans, personal loans and lines of credit, home improvement loans, and mortgage loans for sale into the secondary market, as well as agricultural and business operating loans and lines of credit.
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