Penns Woods Bancorp (NASDAQ:PWOD) Share Price Crosses Below 200 Day Moving Average of $20.44

Penns Woods Bancorp, Inc. (NASDAQ:PWOD)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $20.44 and traded as low as $17.65. Penns Woods Bancorp shares last traded at $17.99, with a volume of 27,362 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on PWOD shares. StockNews.com upgraded Penns Woods Bancorp from a “sell” rating to a “hold” rating in a research report on Monday, January 1st. TheStreet cut Penns Woods Bancorp from a “b-” rating to a “c+” rating in a research report on Wednesday, March 20th.

Penns Woods Bancorp Stock Performance

The company has a market cap of $135.10 million, a PE ratio of 7.79 and a beta of 0.45. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.10 and a quick ratio of 1.09. The business has a 50-day moving average of $18.98 and a 200 day moving average of $20.44.

Penns Woods Bancorp (NASDAQ:PWOD) last posted its quarterly earnings data on Monday, January 29th. The financial services provider reported $0.77 EPS for the quarter. The company had revenue of $16.17 million during the quarter. Penns Woods Bancorp had a return on equity of 9.34% and a net margin of 16.61%.

Penns Woods Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Tuesday, March 12th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 7.12%. The ex-dividend date of this dividend was Monday, March 11th. Penns Woods Bancorp’s payout ratio is 55.41%.

Institutional Trading of Penns Woods Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of PWOD. Quadrature Capital Ltd bought a new position in shares of Penns Woods Bancorp in the fourth quarter worth about $598,000. Private Advisor Group LLC bought a new position in shares of Penns Woods Bancorp in the fourth quarter worth about $552,000. Virtu Financial LLC bought a new position in shares of Penns Woods Bancorp in the fourth quarter worth about $258,000. Merit Financial Group LLC bought a new position in shares of Penns Woods Bancorp in the fourth quarter worth about $201,000. Finally, Evergreen Wealth Solutions LLC boosted its stake in shares of Penns Woods Bancorp by 14.6% in the fourth quarter. Evergreen Wealth Solutions LLC now owns 17,805 shares of the financial services provider’s stock worth $401,000 after acquiring an additional 2,274 shares during the period. Hedge funds and other institutional investors own 27.94% of the company’s stock.

Penns Woods Bancorp Company Profile

Penns Woods Bancorp, Inc operates as the bank holding company for Jersey Shore State Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations. It accepts time, demand, and savings deposits, including super NOW accounts, statement savings accounts, money market accounts, and certificates of deposit, as well as checking and individual retirement account (IRAs) accounts.