Logansport Financial (OTCMKTS:LOGN) Shares Down 0.1% – What’s Next?

Shares of Logansport Financial Corp. (OTCMKTS:LOGN) fell 0.1% during trading on Monday. The company traded as low as $35.50 and last traded at $36.62. Approximately 500 shares changed hands during mid-day trading, an increase of 33% from the average session volume of 377 shares. The stock had previously closed at $36.6621.

Logansport Financial Stock Down 0.1%

The firm has a market cap of $22.70 million, a price-to-earnings ratio of 11.13 and a beta of 0.19. The company’s fifty day moving average is $35.96 and its 200 day moving average is $33.56.

Logansport Financial (OTCMKTS:LOGN) last issued its quarterly earnings results on Friday, July 24th. The company reported $0.82 earnings per share (EPS) for the quarter. The business had revenue of $2.62 million during the quarter.

Hedge Funds Weigh In On Logansport Financial

Several hedge funds have recently modified their holdings of the stock. denkapparat Operations GmbH acquired a new stake in shares of Logansport Financial in the second quarter valued at about $540,000. Corient Private Wealth LP bought a new stake in Logansport Financial during the second quarter worth about $472,000. Finally, QRG Capital Management Inc. acquired a new position in Logansport Financial during the second quarter valued at approximately $1,000,000.

Logansport Financial Company Profile

Logansport Financial Corporation is a bank holding company headquartered in Logansport, Indiana. Through its principal subsidiary, Logansport Savings Bank, the company provides community banking services to individuals, families and businesses.

Logansport Savings Bank offers traditional financial products and services, including deposit accounts, residential and consumer lending, commercial loans and related banking services. The bank also provides electronic and online banking capabilities for customers.

The company primarily serves customers in and around north-central Indiana through its local banking operations.