Burke & Herbert Financial Services (OTCMKTS:BHRB) Shares Down 7.4% - Should You Sell?

Burke & Herbert Financial Services Corp. (OTCMKTS:BHRB - Get Free Report)'s stock price dropped 7.4% during mid-day trading on Thursday . The company traded as low as $52.05 and last traded at $52.06. Approximately 58,443 shares changed hands during mid-day trading, an increase of 5% from the average daily volume of 55,859 shares. The stock had previously closed at $56.23.

Burke & Herbert Financial Services Stock Performance

The firm has a fifty day simple moving average of $59.97 and a 200 day simple moving average of $62.72. The company has a market cap of $747.20 million and a PE ratio of 20.78.

Burke & Herbert Financial Services Company Profile

Burke Herbert Financial Services Corp. is a bank holding company, which engages in the provision of banking products and financial services to small to medium-sized businesses, their owners and employees, professional corporations, non-profits, and individuals. It operates through the following loan portfolio segments: Commercial Real Estate, Owner-Occupied Commercial Real Estate, Acquisition, Construction, and Development, Commercial and Industrial, Single Family Residential (1-4 Units), and Consumer Non-Real Estate and Other.