Malaga Financial (OTCMKTS:MLGF) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

Shares of Malaga Financial Corp. (OTCMKTS:MLGFGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $21.87 and traded as low as $21.86. Malaga Financial shares last traded at $21.86, with a volume of 1,750 shares trading hands.

Malaga Financial Price Performance

The company has a market cap of $216.41 million, a PE ratio of 9.66 and a beta of 0.08. The firm has a 50-day simple moving average of $21.87 and a two-hundred day simple moving average of $21.74.

Malaga Financial (OTCMKTS:MLGFGet Free Report) last issued its quarterly earnings data on Friday, July 10th. The company reported $0.58 earnings per share (EPS) for the quarter.

Malaga Financial Company Profile

(Get Free Report)

Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers. It offers checking, savings, NOW, and money market accounts, certificates of deposits, business banking, consumer, and demand deposits. The company also provides commercial real estate, single and multi-family residential mortgage, consumer, 14-unit investment property, construction, personal, and business loans; home equity lines of credit; and certificates of deposit.

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