Harleysville Financial (OTCMKTS:HARL) Trading Up 1.1% – Time to Buy?

Harleysville Financial Co. (OTCMKTS:HARL) shares were up 1.1% during mid-day trading on Friday . The company traded as high as $22.50 and last traded at $22.44. Approximately 4,211 shares changed hands during mid-day trading, an increase of 341% from the average daily volume of 956 shares. The stock had previously closed at $22.20.

Harleysville Financial Price Performance

The business has a 50-day simple moving average of $22.37 and a 200 day simple moving average of $22.03. The firm has a market cap of $81.57 million, a PE ratio of 9.23 and a beta of 0.34.

Harleysville Financial (OTCMKTS:HARL) last announced its quarterly earnings results on Wednesday, October 16th. The bank reported $0.56 earnings per share (EPS) for the quarter. Harleysville Financial had a net margin of 22.05% and a return on equity of 10.38%. The company had revenue of $6.79 million for the quarter.

Harleysville Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 13th. Shareholders of record on Wednesday, October 30th were given a dividend of $0.31 per share. The ex-dividend date was Wednesday, October 30th. This represents a $1.24 annualized dividend and a dividend yield of 5.53%. Harleysville Financial’s dividend payout ratio (DPR) is presently 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.