Peoples Financial (OTCMKTS:PFBX) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Peoples Financial Co. (OTCMKTS:PFBX)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $17.46 and traded as high as $18.26. Peoples Financial shares last traded at $18.26, with a volume of 820 shares changing hands.

Peoples Financial Stock Performance

The firm has a 50-day moving average price of $18.29 and a 200 day moving average price of $17.46. The stock has a market capitalization of $85.13 million, a P/E ratio of 3.89 and a beta of 0.47.

Peoples Financial (OTCMKTS:PFBX) last issued its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $3.31 EPS for the quarter. The business had revenue of $7.03 million for the quarter. Peoples Financial had a net margin of 54.68% and a return on equity of 28.21%.

Peoples Financial Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 13th. Investors of record on Monday, December 9th were issued a dividend of $0.08 per share. The ex-dividend date was Monday, December 9th. Peoples Financial’s dividend payout ratio is currently 7.66%.

Peoples Financial Company Profile

Peoples Financial Corporation operates as the bank holding company for The Peoples Bank that provides banking, financial, and trust services to government entities, individuals, and small and commercial businesses in Mississippi. The company accepts various deposits, such as interest and non-interest-bearing checking accounts, savings accounts, certificates of deposit, and individual retirement accounts (IRAs).