Burke & Herbert Financial Services (OTCMKTS:BHRB) Stock Price Down 2% – What’s Next?

Burke & Herbert Financial Services Corp. (OTCMKTS:BHRB)’s stock price traded down 2% on Thursday . The company traded as low as 69.53 and last traded at 69.53. 20,200 shares traded hands during trading, a decline of 46% from the average session volume of 37,156 shares. The stock had previously closed at 70.98.

Burke & Herbert Financial Services Stock Performance

The business has a fifty day moving average of 66.19 and a 200-day moving average of 60.80. The company has a market capitalization of $1.04 billion and a P/E ratio of 0.72.

Burke & Herbert Financial Services (OTCMKTS:BHRB) last issued its quarterly earnings results on Friday, October 25th. The company reported 1.98 EPS for the quarter, topping analysts’ consensus estimates of 1.71 by 0.27. The company had revenue of 83.80 million during the quarter.

About Burke & Herbert Financial Services

Burke & Herbert Financial Services Corp. operates as the bank holding company for Burke & Herbert Bank & Trust Company that provides various community banking products and services in Virginia and Maryland. It offers consumer and commercial deposit products, such as digital banking, demand, negotiable order of withdrawal, money market, and savings accounts, as well as certificates of deposit.