Burke & Herbert Financial Services (OTCMKTS:BHRB) Trading Down 2% - Time to Sell?

Key Points

• Burke & Herbert Financial Services Corp. shares declined by 2% on Monday, closing at $61.58 after trading as low as $61.42.
• The company has a market capitalization of $924.01 million and a PE ratio of 8.94, indicating its financial metrics in the market.
• Burke & Herbert primarily provides banking products and financial services to small to medium-sized businesses and individuals through various loan portfolio segments.

Burke & Herbert Financial Services Corp. (OTCMKTS:BHRB - Get Free Report) shares were down 2% during mid-day trading on Monday . The stock traded as low as $61.42 and last traded at $61.58. Approximately 57,711 shares traded hands during trading, an increase of 5% from the average daily volume of 54,833 shares. The stock had previously closed at $62.85.

Burke & Herbert Financial Services Price Performance

The business has a 50-day simple moving average of $59.97 and a two-hundred day simple moving average of $58.82. The stock has a market cap of $855.13 million, a price-to-earnings ratio of 8.27 and a beta of 1.21.

Burke & Herbert Financial Services Company Profile

Burke Herbert Financial Services Corp. is a bank holding company, which engages in the provision of banking products and financial services to small to medium-sized businesses, their owners and employees, professional corporations, non-profits, and individuals. It operates through the following loan portfolio segments: Commercial Real Estate, Owner-Occupied Commercial Real Estate, Acquisition, Construction, and Development, Commercial and Industrial, Single Family Residential (1-4 Units), and Consumer Non-Real Estate and Other.