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

Harleysville Financial Co. (OTCMKTS:HARL)’s share price 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 traded.

Harleysville Financial Stock Down 1.8 %

The stock has a market cap of $78.79 million, a P/E ratio of 9.54 and a beta of 0.21. The company has a 50-day simple moving average of $22.30 and a two-hundred day simple moving average of $22.31.

Harleysville Financial (OTCMKTS:HARL) last posted 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 firm also recently declared 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. This represents a $1.32 dividend on an annualized basis and a yield of 6.04%. The ex-dividend date of this dividend was Wednesday, February 5th. This is an increase from Harleysville Financial’s previous quarterly dividend of $0.31. 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.