Analysts at StockNews.com assumed coverage on shares of Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) in a report released on Friday. The brokerage set a "hold" rating on the financial services provider's stock.
Penns Woods Bancorp Stock Down 1.2 %
PWOD traded down $0.37 during trading hours on Friday, reaching $30.39. 12,119 shares of the stock traded hands, compared to its average volume of 25,301. Penns Woods Bancorp has a fifty-two week low of $17.01 and a fifty-two week high of $34.56. The company has a market cap of $229.26 million, a price-to-earnings ratio of 11.51 and a beta of 0.48. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.09 and a quick ratio of 1.09. The firm's fifty day simple moving average is $29.89 and its two-hundred day simple moving average is $24.84.
Institutional Investors Weigh In On Penns Woods Bancorp
Hedge funds have recently bought and sold shares of the business. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Penns Woods Bancorp by 217.1% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 34,499 shares of the financial services provider's stock valued at $821,000 after buying an additional 23,620 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in Penns Woods Bancorp in the third quarter valued at $486,000. Squarepoint Ops LLC acquired a new stake in Penns Woods Bancorp in the second quarter valued at $390,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Penns Woods Bancorp during the 2nd quarter valued at $223,000. Finally, Hsbc Holdings PLC acquired a new position in Penns Woods Bancorp during the 2nd quarter worth $205,000. Institutional investors and hedge funds own 27.94% of the company's stock.
Penns Woods Bancorp Company Profile
(
Get Free Report)
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.
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