Peoples Financial (OTCMKTS:PFBX) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of Peoples Financial Corporation (OTCMKTS:PFBX) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $19.59 and traded as high as $19.84. Peoples Financial shares last traded at $19.83, with a volume of 1,211 shares.

Peoples Financial Stock Performance

The firm has a fifty day simple moving average of $19.87 and a 200-day simple moving average of $19.59. The company has a market capitalization of $91.61 million, a PE ratio of 4.73 and a beta of 0.45.

Peoples Financial (OTCMKTS:PFBX) last posted its quarterly earnings data on Wednesday, July 23rd. The financial services provider reported $0.27 earnings per share (EPS) for the quarter. Peoples Financial had a return on equity of 20.68% and a net margin of 52.05%.The company had revenue of $7.25 million for the quarter.

Peoples Financial Increases Dividend

The business also recently declared a dividend, which was paid on Friday, June 13th. Stockholders of record on Thursday, June 12th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Wednesday, June 11th. This is a positive change from Peoples Financial’s previous dividend of $0.08. This represents a dividend yield of 224.0%. Peoples Financial’s dividend payout ratio is 8.59%.

About Peoples Financial

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).