Eagle Financial Services (OTCMKTS:EFSI) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

Eagle Financial Services, Inc. (OTCMKTS:EFSI)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $34.58 and traded as high as $36.40. Eagle Financial Services shares last traded at $36.40, with a volume of 700 shares.

Eagle Financial Services Price Performance

The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market cap of $129.22 million, a PE ratio of 11.17 and a beta of 0.49. The business has a 50 day moving average price of $34.58 and a two-hundred day moving average price of $33.41.

Eagle Financial Services (OTCMKTS:EFSI) last posted its quarterly earnings data on Friday, October 25th. The financial services provider reported $0.97 earnings per share for the quarter. Eagle Financial Services had a return on equity of 10.38% and a net margin of 10.90%. The business had revenue of $18.41 million for the quarter.

Eagle Financial Services Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 8th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date was Friday, November 8th. This is an increase from Eagle Financial Services’s previous quarterly dividend of $0.30. Eagle Financial Services’s dividend payout ratio (DPR) is 38.04%.

About Eagle Financial Services

Eagle Financial Services, Inc operates as the bank holding company for Bank of Clarke that provides various retail and commercial banking products and services in the Shenandoah Valley, Northern Virginia and Frederick, Maryland. It operates through three segments: Community Banking, Marine Lending, and Wealth Management.