Peoples Financial (OTCMKTS:PFBX) Share Price Passes Above 200-Day Moving Average - Here's Why

Key Points

• Peoples Financial Corporation's stock price has exceeded its 200-day moving average of $19.64, with recent trading highs reaching $20.20.
• The company reported a quarterly EPS of $0.27 with a revenue of $7.25 million, achieving a return on equity of 20.68% and a net margin of 52.05%.
• Peoples Financial operates as a bank holding company, providing a variety of banking and financial services primarily to government entities and businesses in Mississippi.

Shares of Peoples Financial Corporation (OTCMKTS:PFBX - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $19.64 and traded as high as $20.20. Peoples Financial shares last traded at $20.20, with a volume of 3,077 shares.

Peoples Financial Stock Performance

The stock has a market cap of $94.02 million, a P/E ratio of 4.86 and a beta of 0.48. The firm has a 50 day simple moving average of $19.92 and a two-hundred day simple moving average of $19.66.

Peoples Financial (OTCMKTS:PFBX - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The financial services provider reported $0.27 EPS for the quarter. The company had revenue of $7.25 million for the quarter. Peoples Financial had a return on equity of 20.68% and a net margin of 52.05%.

Peoples Financial Company Profile

Peoples Financial Corporation operates as the bank holding company for The Peoples Bank that provides banking, financial, and trust services to government entities, individuals, and small and commercial businesses in Mississippi. The company accepts various deposits, such as interest and non-interest-bearing checking accounts, savings accounts, certificates of deposit, and individual retirement accounts (IRAs).