Harleysville Financial (OTCMKTS:HARL) Trading 2.2% Higher – Should You Buy?

Harleysville Financial Co. (OTCMKTS:HARL)’s share price shot up 2.2% 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 Stock Performance

The company has a 50 day moving average price of $22.26 and a 200 day moving average price of $21.75. The firm has a market cap of $85.33 million, a price-to-earnings ratio of 9.67 and a beta of 0.33.

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

Harleysville Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 13th. Investors of record on Wednesday, October 30th were paid a dividend of $0.31 per share. The ex-dividend date was Wednesday, October 30th. This represents a $1.24 annualized dividend and a yield of 5.28%. Harleysville Financial’s payout ratio is 51.03%.

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.