Peoples Financial (OTCMKTS:PFBX) Share Price Crosses Above 200 Day Moving Average – Here’s Why

Peoples Financial Co. (OTCMKTS:PFBX)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $19.27 and traded as high as $20.25. Peoples Financial shares last traded at $20.25, with a volume of 813 shares.

Peoples Financial Stock Performance

The firm’s 50-day moving average price is $19.48 and its 200 day moving average price is $19.28. The company has a market cap of $93.49 million, a price-to-earnings ratio of 4.35 and a beta of 0.49.

Peoples Financial (OTCMKTS:PFBX) last issued its quarterly earnings results on Wednesday, April 23rd. The financial services provider reported $0.28 EPS for the quarter. Peoples Financial had a net margin of 54.68% and a return on equity of 26.99%. The company had revenue of $7.37 million during the quarter.

Peoples Financial Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 13th. Investors of record on Thursday, June 12th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a yield of 2.24%. This is a boost from Peoples Financial’s previous dividend of $0.08. Peoples Financial’s payout ratio is currently 8.14%.

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).