Harleysville Financial (OTCMKTS:HARL) Stock Price Up 2.2% – Here’s Why

Harleysville Financial Co. (OTCMKTS:HARL)’s share price traded up 2.2% during mid-day trading on Friday . The stock traded as high as $23.50 and last traded at $23.50. 4,678 shares were traded during mid-day trading, an increase of 422% from the average session volume of 896 shares. The stock had previously closed at $23.00.

Harleysville Financial Price Performance

The stock has a market capitalization of $85.33 million, a P/E ratio of 9.67 and a beta of 0.33. The firm has a fifty day moving average of $22.26 and a two-hundred day moving average of $21.75.

Harleysville Financial (OTCMKTS:HARL) last issued its earnings results on Wednesday, October 16th. The bank reported $0.56 earnings per share (EPS) for the quarter. The company had revenue of $6.79 million during the quarter. Harleysville Financial had a return on equity of 10.44% and a net margin of 22.05%.

Harleysville Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 13th. Stockholders of record on Wednesday, October 30th were paid a $0.31 dividend. The ex-dividend date of this dividend was Wednesday, October 30th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 5.28%. Harleysville Financial’s payout ratio is currently 51.03%.

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.