RBKB Stock Summary and Trading Ideas (Rhinebeck Bancorp | NASDAQ:RBKB)

Rhinebeck Bancorp Inc is the holding company for Rhinebeck Bank which provides a full range of banking and financial services to consumer and commercial customers. Financial services, including investment advisory and financial product sales, are offered through a division of the Bank doing business as Rhinebeck Asset Management (RAM). The Bank's primary business activity is accepting deposits from the general public and using those funds to originate indirect automobile loans (automobile loans referred by automobile dealerships), commercial real estate loans (which include multi-family real estate loans and commercial construction loans), commercial business loans and one- to four-family residential real estate loans, and to purchase investment securities.

Rhinebeck Bancorp trades on the NASDAQ stock market under the symbol RBKB.

As of December 13, 2024, RBKB stock price declined to $9.61 with 5,887 million shares trading.

RBKB has a market cap of $106.55 million. This is considered a Micro Cap stock.

In the last 3 years, RBKB traded as high as $11.52 and as low as $6.07.

The top ETF exchange traded funds that RBKB belongs to (by Net Assets): VTI, VXF, BSVO, IWC, DFAC.

RBKB has outperformed the market in the last year with a return of +47.4%, while the SPY ETF gained +29.9%. In the last 3 month period, RBKB beat the market returning +17.2%, while SPY returned +7.8%. However, in the most recent 2 weeks RBKB has underperformed the stock market by returning -3.6%, while SPY returned +0.3%.

RBKB support price is $9.48 and resistance is $9.84 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RBKB shares will trade within this expected range on the day.