Harleysville Financial (OTCMKTS:HARL) Shares Pass Below Fifty Day Moving Average – Time to Sell?

Shares of Harleysville Financial Co. (OTCMKTS:HARL) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $22.39 and traded as low as $22.03. Harleysville Financial shares last traded at $22.05, with a volume of 4,116 shares.

Harleysville Financial Stock Down 0.7 %

The company has a fifty day simple moving average of $22.39 and a two-hundred day simple moving average of $22.32. The stock has a market capitalization of $80.00 million, a P/E ratio of 9.63 and a beta of 0.35.

Harleysville Financial (OTCMKTS:HARL) last posted its earnings results on Wednesday, January 22nd. The bank reported $0.55 earnings per share for the quarter. Harleysville Financial had a return on equity of 9.69% and a net margin of 20.43%.

Harleysville Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 5th were issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.99%. This is a positive change from Harleysville Financial’s previous quarterly dividend of $0.31. The ex-dividend date was Wednesday, February 5th. Harleysville Financial’s payout ratio is 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.