C&F Financial Co. (NASDAQ:CFFI – Get Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $50.10 and traded as high as $61.96. C&F Financial shares last traded at $61.96, with a volume of 8,088 shares trading hands.
C&F Financial Stock Down 0.9 %
The business has a 50-day simple moving average of $58.03 and a two-hundred day simple moving average of $50.18. The stock has a market capitalization of $204.84 million, a P/E ratio of 10.07 and a beta of 0.36. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.43.
C&F Financial (NASDAQ:CFFI – Get Free Report) last announced its quarterly earnings results on Wednesday, July 24th. The financial services provider reported $1.50 earnings per share for the quarter. C&F Financial had a return on equity of 9.05% and a net margin of 12.16%. The firm had revenue of $31.15 million for the quarter.
C&F Financial Dividend Announcement
Insider Transactions at C&F Financial
In other news, Director Charles Elis Olsson sold 500 shares of the stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $57.01, for a total transaction of $28,505.00. Following the sale, the director now owns 9,375 shares in the company, valued at approximately $534,468.75. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 6.30% of the company’s stock.
Hedge Funds Weigh In On C&F Financial
Hedge funds have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new position in C&F Financial in the second quarter valued at about $31,000. Clearstead Trust LLC bought a new position in C&F Financial during the first quarter worth about $47,000. Cubist Systematic Strategies LLC bought a new position in C&F Financial during the second quarter worth about $201,000. Point72 Asia Singapore Pte. Ltd. bought a new position in C&F Financial during the second quarter worth about $206,000. Finally, Squarepoint Ops LLC bought a new position in C&F Financial during the second quarter worth about $374,000. Institutional investors own 37.23% of the company’s stock.
C&F Financial Company Profile
C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.
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