Harleysville Financial (OTCMKTS:HARL) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Shares of Harleysville Financial Co. (OTCMKTS:HARL) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $22.32 and traded as low as $22.00. Harleysville Financial shares last traded at $22.24, with a volume of 23,046 shares changing hands.

Harleysville Financial Stock Performance

The stock has a market capitalization of $78.79 million, a PE ratio of 9.54 and a beta of 0.21. The stock’s 50-day moving average price is $22.30 and its two-hundred day moving average price is $22.31.

Harleysville Financial (OTCMKTS:HARL) last announced its earnings results on Wednesday, January 22nd. The bank reported $0.55 earnings per share for the quarter. Harleysville Financial had a net margin of 20.43% and a return on equity of 9.69%.

Harleysville Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 5th were issued a dividend of $0.33 per share. The ex-dividend date was Wednesday, February 5th. This is an increase from Harleysville Financial’s previous quarterly dividend of $0.31. This represents a $1.32 annualized dividend and a dividend yield of 6.04%. Harleysville Financial’s dividend payout ratio (DPR) is presently 57.64%.

Harleysville Financial Company Profile

Harleysville Financial Corporation operates as the bank holding company for Harleysville Bank that provides various banking products and services in Pennsylvania. The company offers various deposit products, including savings, money market, and checking accounts, as well as certificates of deposits. It also provides consumer loans, including residential mortgages, savings account loans, and home equity line of credit, construction, and non-real estate consumer loans; and commercial loans, such as commercial mortgages, line of credit, and commercial business loans.