Logansport Financial (OTCMKTS:LOGN) Stock Price Down 1.4% – Time to Sell?

Logansport Financial Corp. (OTCMKTS:LOGN) shares traded down 1.4% during mid-day trading on Monday . The stock traded as low as $28.64 and last traded at $28.64. 150 shares were traded during mid-day trading, a decline of 26% from the average session volume of 202 shares. The stock had previously closed at $29.05.

Logansport Financial Stock Performance

The stock’s 50 day moving average is $29.52 and its 200-day moving average is $30.43. The company has a market cap of $17.53 million, a P/E ratio of 16.00 and a beta of 0.31.

Logansport Financial (OTCMKTS:LOGN) last issued its earnings results on Wednesday, October 16th. The company reported $0.31 earnings per share (EPS) for the quarter. The firm had revenue of $1.54 million during the quarter.

Logansport Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 13th. Shareholders of record on Thursday, December 12th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.28%. The ex-dividend date was Thursday, December 12th. Logansport Financial’s payout ratio is 100.56%.

About Logansport Financial

Logansport Financial Corp. operates as the holding company for Logansport Savings Bank that provides various banking products and services to individuals and businesses in Cass County, Indiana. The company’s personal banking products and services include checking accounts, rite accounts, NOW accounts, savings accounts, health savings accounts, certificates of deposit, and individual retirement accounts; mortgage, home equity lines of credit, home improvement, construction, commercial buildings, farm, consumer, education, and car loans, as well as loans for single family and multi-family dwellings; and overdraft, and internet and mobile banking services.