Harleysville Financial (OTCMKTS:HARL) Stock Crosses Below 50 Day Moving Average – Time to Sell?

Harleysville Financial Co. (OTCMKTS:HARL)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $22.40 and traded as low as $22.05. Harleysville Financial shares last traded at $22.20, with a volume of 18,566 shares changing hands.

Harleysville Financial Price Performance

The firm has a 50-day moving average of $22.40 and a 200 day moving average of $22.32. The company has a market capitalization of $80.63 million, a PE ratio of 9.69 and a beta of 0.34.

Harleysville Financial (OTCMKTS:HARL) last announced its quarterly earnings results on Wednesday, January 22nd. The bank reported $0.55 EPS 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 announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, February 5th were paid 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 yield of 5.95%. Harleysville Financial’s payout ratio is currently 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.