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

Penns Woods Bancorp, Inc. (NASDAQ:PWOD) shares 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 traded.

Analyst Upgrades and Downgrades

PWOD has been the topic of a number of research reports. StockNews.com upgraded Penns Woods Bancorp from a “sell” rating to a “hold” rating in a report on Monday, January 1st. TheStreet cut Penns Woods Bancorp from a “b-” rating to a “c+” rating in a report on Wednesday, March 20th.

Penns Woods Bancorp Trading Down 2.8 %

The firm has a market cap of $129.77 million, a price-to-earnings ratio of 7.48 and a beta of 0.45. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.09 and a current ratio of 1.10. The business has a fifty day moving average of $18.94 and a two-hundred day moving average of $20.42.

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

Penns Woods Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Tuesday, March 12th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 7.41%. The ex-dividend date was Monday, March 11th. Penns Woods Bancorp’s payout ratio is currently 55.41%.

Institutional Investors Weigh In On Penns Woods Bancorp

A number of institutional investors and hedge funds have recently bought and sold shares of PWOD. Allspring Global Investments Holdings LLC purchased a new position in shares of Penns Woods Bancorp during the 3rd quarter worth $29,000. Merit Financial Group LLC purchased a new position in shares of Penns Woods Bancorp during the 4th quarter worth $201,000. Virtu Financial LLC purchased a new position in shares of Penns Woods Bancorp during the 4th quarter worth $258,000. Evergreen Wealth Solutions LLC lifted its stake in shares of Penns Woods Bancorp by 14.6% during the 4th quarter. Evergreen Wealth Solutions LLC now owns 17,805 shares of the financial services provider’s stock worth $401,000 after purchasing an additional 2,274 shares during the period. Finally, Private Advisor Group LLC purchased a new position in shares of Penns Woods Bancorp during the 4th quarter worth $552,000. 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.