WVS Financial (NASDAQ:WVFC) Share Price Passes Above 50-Day Moving Average – Here’s What Happened

WVS Financial Corp. (NASDAQ:WVFC) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $12.24 and traded as high as $12.60. WVS Financial shares last traded at $12.30, with a volume of 700 shares trading hands.

WVS Financial Trading Down 0.5%

The company has a fifty day simple moving average of $12.24 and a two-hundred day simple moving average of $12.31. The company has a debt-to-equity ratio of 3.20, a current ratio of 0.53 and a quick ratio of 0.53. The company has a market capitalization of $23.30 million, a P/E ratio of 12.55 and a beta of 0.12.

WVS Financial Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were issued a dividend of $0.10 per share. This represents a yield of 329.0%. The ex-dividend date was Monday, August 11th. WVS Financial’s dividend payout ratio (DPR) is 38.10%.

About WVS Financial

WVS Financial Corp. operates as the bank holding company for West View Savings Bank that provides various banking products and services in the United States. The company accepts various deposit products, including regular savings accounts, demand accounts, negotiable order of withdrawal accounts, money market deposit accounts, and certificates of deposit, as well as individual retirement account certificates.