Harleysville Financial (OTCMKTS:HARL) Shares Pass Below 50 Day Moving Average – Here’s What Happened

Shares of Harleysville Financial Co. (OTCMKTS:HARL) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $22.39 and traded as low as $22.06. Harleysville Financial shares last traded at $22.06, with a volume of 3,375 shares traded.

Harleysville Financial Stock Performance

The stock has a market cap of $79.66 million, a price-to-earnings ratio of 9.63 and a beta of 0.35. The business has a 50-day simple moving average of $22.39 and a two-hundred day simple moving average of $22.32.

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

Harleysville Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, February 5th were issued a dividend of $0.33 per share. The ex-dividend date of this dividend was Wednesday, February 5th. This is a positive change from Harleysville Financial’s previous quarterly dividend of $0.31. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.98%. Harleysville Financial’s payout ratio is presently 57.64%.

About Harleysville Financial

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.