Central Federal Co. (NASDAQ:CFBK) CEO Timothy T. O’dell acquired 8,000 shares of Central Federal stock in a transaction that occurred on Wednesday, March 7th. The stock was bought at an average cost of $2.50 per share, with a total value of $20,000.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
Central Federal Co. (NASDAQ:CFBK) traded down $0.01 during mid-day trading on Friday, reaching $2.35. 176,956 shares of the company traded hands, compared to its average volume of 21,265. The firm has a market capitalization of $54.87, a P/E ratio of 26.11 and a beta of 0.18. Central Federal Co. has a 1-year low of $1.85 and a 1-year high of $2.75. The company has a quick ratio of 1.10, a current ratio of 1.11 and a debt-to-equity ratio of 0.60.
Hedge funds have recently bought and sold shares of the stock. Almanack Investment Partners LLC. bought a new stake in Central Federal in the fourth quarter worth about $138,000. Deutsche Bank AG raised its position in Central Federal by 193.4% in the fourth quarter. Deutsche Bank AG now owns 50,201 shares of the savings and loans company’s stock worth $138,000 after acquiring an additional 33,090 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in Central Federal by 259.9% in the fourth quarter. Renaissance Technologies LLC now owns 61,900 shares of the savings and loans company’s stock worth $170,000 after acquiring an additional 44,700 shares in the last quarter. 25.16% of the stock is owned by institutional investors and hedge funds.
About Central Federal
Central Federal Corporation is a holding company of CFBank. CFBank is a national bank. The Company attracts retail and business deposits from the general public and use the deposits, together with borrowings and other funds, primarily to originate commercial and commercial real estate loans, single-family and multi-family residential mortgage loans and home equity lines of credit.
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