Logansport Financial (OTCMKTS:LOGN) Shares Up 5.8% – Here’s Why

Logansport Financial Corp. (OTCMKTS:LOGN)’s stock price shot up 5.8% during trading on Monday . The stock traded as high as $31.20 and last traded at $31.20. 100 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 472 shares. The stock had previously closed at $29.50.

Logansport Financial Price Performance

The stock has a market capitalization of $19.03 million, a P/E ratio of 17.43 and a beta of 0.32. The company has a fifty day moving average of $30.72 and a two-hundred day moving average of $30.59.

Logansport Financial (OTCMKTS:LOGN) last announced its quarterly earnings data on Wednesday, October 16th. The company reported $0.31 earnings per share for the quarter. The firm had revenue of $1.54 million during the quarter.

Logansport Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 13th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 5.77%. The ex-dividend date of this dividend was Friday, September 13th. Logansport Financial’s dividend payout ratio is currently 100.56%.

Logansport Financial Company Profile

Logansport Financial Corp. operates as the holding company for Logansport Savings Bank that provides various banking products and services to individuals and businesses in Cass County, Indiana. The company’s personal banking products and services include checking accounts, rite accounts, NOW accounts, savings accounts, health savings accounts, certificates of deposit, and individual retirement accounts; mortgage, home equity lines of credit, home improvement, construction, commercial buildings, farm, consumer, education, and car loans, as well as loans for single family and multi-family dwellings; and overdraft, and internet and mobile banking services.