Hingham Institution for Savings (NASDAQ:HIFS) Announces Earnings Results

Hingham Institution for Savings (NASDAQ:HIFS) posted its quarterly earnings results on Friday. The savings and loans company reported $2.78 EPS for the quarter, Zacks reports. Hingham Institution for Savings had a return on equity of 2.95% and a net margin of 12.97%.

Hingham Institution for Savings Trading Up 0.6 %

HIFS traded up $1.26 on Friday, hitting $220.20. The company had a trading volume of 8,621 shares, compared to its average volume of 15,147. The business’s fifty day simple moving average is $247.20 and its 200 day simple moving average is $255.62. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.63. Hingham Institution for Savings has a 12-month low of $162.84 and a 12-month high of $300.00. The company has a market cap of $473.43 million, a PE ratio of 17.16 and a beta of 0.92.

Analyst Ratings Changes

Separately, StockNews.com downgraded Hingham Institution for Savings from a “hold” rating to a “sell” rating in a research report on Tuesday.

Hingham Institution for Savings Company Profile

Hingham Institution for Savings provides various financial products and services to individuals and small businesses in the United States. It offers savings, checking, money market, demand, and negotiable order of withdrawal accounts, as well as certificates of deposit. The company provides commercial and residential real estate, construction, home equity, commercial, consumer, and mortgage loans.