Eagle Financial Services (OTCMKTS:EFSI) Shares Cross Above 50-Day Moving Average – Here’s Why

Eagle Financial Services, Inc. (OTCMKTS:EFSI) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $35.05 and traded as high as $36.25. Eagle Financial Services shares last traded at $36.25, with a volume of 298 shares changing hands.

Eagle Financial Services Stock Down 0.4 %

The company has a debt-to-equity ratio of 1.69, a current ratio of 1.07 and a quick ratio of 1.07. The business’s 50 day moving average price is $35.05 and its 200 day moving average price is $33.58. The firm has a market cap of $128.69 million, a PE ratio of 11.12 and a beta of 0.48.

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

Eagle Financial Services Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 8th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 3.42%. The ex-dividend date of this dividend was Friday, November 8th. This is a boost from Eagle Financial Services’s previous quarterly dividend of $0.30. Eagle Financial Services’s payout ratio is 38.04%.

Eagle Financial Services Company Profile

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.