Peoples Financial (OTCMKTS:PFBX) Stock Price Passes Above 200-Day Moving Average - Here's What Happened

Peoples Financial Co. (OTCMKTS:PFBX - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.95 and traded as high as $19.50. Peoples Financial shares last traded at $19.11, with a volume of 613 shares traded.

Peoples Financial Stock Up 3.4 %

The firm has a 50 day moving average price of $18.87 and a 200 day moving average price of $17.98. The stock has a market cap of $91.29 million, a P/E ratio of 4.24 and a beta of 0.46.

Peoples Financial (OTCMKTS:PFBX - Get Free Report) last issued its earnings results on Thursday, January 23rd. The financial services provider reported $0.33 earnings per share (EPS) for the quarter. Peoples Financial had a return on equity of 26.99% and a net margin of 54.68%.

Peoples Financial Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 9th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, December 9th. Peoples Financial's dividend payout ratio is presently 7.73%.

About Peoples Financial

Peoples Financial Corporation operates as the bank holding company for The Peoples Bank that provides banking, financial, and trust services to government entities, individuals, and small and commercial businesses in Mississippi. The company accepts various deposits, such as interest and non-interest-bearing checking accounts, savings accounts, certificates of deposit, and individual retirement accounts (IRAs).