AmeriServ Financial (ASRV) Given Daily Coverage Optimism Rating of 0.24
News coverage about AmeriServ Financial (NASDAQ:ASRV) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AmeriServ Financial earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 47.1105616422811 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
AmeriServ Financial (NASDAQ ASRV) traded down $0.10 during trading hours on Monday, hitting $4.15. The stock had a trading volume of 3,907 shares, compared to its average volume of 16,613. The company has a market cap of $77.66, a price-to-earnings ratio of 15.18 and a beta of 0.18. AmeriServ Financial has a 1-year low of $3.10 and a 1-year high of $4.25. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.92 and a quick ratio of 0.92.
AmeriServ Financial (NASDAQ:ASRV) last released its earnings results on Tuesday, October 17th. The financial services provider reported $0.08 earnings per share for the quarter. The firm had revenue of $12.57 million for the quarter. AmeriServ Financial had a net margin of 9.33% and a return on equity of 5.68%.
The business also recently declared a quarterly dividend, which will be paid on Monday, November 20th. Shareholders of record on Monday, November 6th will be paid a $0.015 dividend. The ex-dividend date is Friday, November 3rd. This represents a $0.06 annualized dividend and a yield of 1.45%. AmeriServ Financial’s dividend payout ratio is currently 21.43%.
In related news, insider Craig G. Ford sold 40,000 shares of the stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $3.86, for a total transaction of $154,400.00. Following the completion of the sale, the insider now directly owns 72,655 shares of the company’s stock, valued at $280,448.30. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Craig G. Ford purchased 9,000 shares of the firm’s stock in a transaction that occurred on Monday, September 11th. The shares were bought at an average cost of $3.98 per share, with a total value of $35,820.00. Following the completion of the acquisition, the insider now owns 61,655 shares of the company’s stock, valued at $245,386.90. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 10,349 shares of company stock worth $41,054. Insiders own 9.70% of the company’s stock.
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About AmeriServ Financial
AmeriServ Financial, Inc is a bank holding company of AmeriServ Financial Bank (the Bank). The Company’s principal activities consist of owning and operating its three subsidiary entities. The Company’s segments include retail banking, commercial banking, trust and investment/parent. Its Retail banking segment includes the deposit-gathering branch franchise and lending to both individuals and small businesses.
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