Burke & Herbert Financial Services (OTCMKTS:BHRB) Trading Down 0.9% - Time to Sell?

Key Points

• Burke & Herbert Financial Services Corp.'s stock price fell by 0.9%, trading at $62.04 and experiencing a significant drop in trading volume by 52% from its daily average.
• The company has a market capitalization of $931.96 million and a price-to-earnings (P/E) ratio of 9.00.
• Burke & Herbert provides a variety of banking products and services primarily targeted at small to medium-sized businesses, their owners, and non-profit organizations.

Burke & Herbert Financial Services Corp. (OTCMKTS:BHRB - Get Free Report)'s share price traded down 0.9% during mid-day trading on Wednesday . The company traded as low as $61.80 and last traded at $62.04. 25,696 shares traded hands during trading, a decline of 52% from the average session volume of 53,396 shares. The stock had previously closed at $62.58.

Burke & Herbert Financial Services Stock Performance

The stock has a market capitalization of $928.96 million, a P/E ratio of 8.98 and a beta of 1.21. The business has a fifty day simple moving average of $61.74 and a 200-day simple moving average of $58.26.

About Burke & Herbert Financial Services

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.