Equities research analysts at StockNews.com started coverage on shares of Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) in a research note issued on Thursday. The brokerage set a "hold" rating on the financial services provider's stock.
Penns Woods Bancorp Stock Performance
NASDAQ:PWOD traded up $0.56 during trading hours on Thursday, reaching $26.45. The company had a trading volume of 402 shares, compared to its average volume of 24,761. The firm has a market cap of $201.33 million, a PE ratio of 11.21 and a beta of 0.36. Penns Woods Bancorp has a 1-year low of $17.01 and a 1-year high of $34.56. The business's 50 day moving average price is $28.79 and its 200-day moving average price is $29.07. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.09 and a quick ratio of 1.09.
Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $0.57 earnings per share (EPS) for the quarter. Penns Woods Bancorp had a net margin of 14.87% and a return on equity of 9.26%.
Institutional Trading of Penns Woods Bancorp
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Truffle Hound Capital LLC purchased a new stake in Penns Woods Bancorp in the 4th quarter worth $6,078,000. Susquehanna International Group LLP increased its stake in Penns Woods Bancorp by 236.6% during the 4th quarter. Susquehanna International Group LLP now owns 93,873 shares of the financial services provider's stock worth $2,853,000 after buying an additional 65,985 shares in the last quarter. Rhino Investment Partners Inc acquired a new position in shares of Penns Woods Bancorp during the fourth quarter valued at approximately $1,078,000. Jane Street Group LLC lifted its position in shares of Penns Woods Bancorp by 215.8% in the fourth quarter. Jane Street Group LLC now owns 47,270 shares of the financial services provider's stock valued at $1,437,000 after acquiring an additional 32,300 shares in the last quarter. Finally, Merit Financial Group LLC boosted its stake in shares of Penns Woods Bancorp by 221.5% in the first quarter. Merit Financial Group LLC now owns 41,897 shares of the financial services provider's stock worth $1,169,000 after acquiring an additional 28,865 shares during the last quarter. 27.94% of the stock is currently owned by hedge funds and other institutional investors.
About Penns Woods Bancorp
(
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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