Burke & Herbert Financial Services (OTCMKTS:BHRB) Shares Down 2.1% – Should You Sell?

Burke & Herbert Financial Services Corp. (OTCMKTS:BHRB) dropped 2.1% on Friday . The stock traded as low as $62.96 and last traded at $63.05. Approximately 50,635 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 95,355 shares. The stock had previously closed at $64.43.

Burke & Herbert Financial Services Trading Down 2.1%

The stock’s 50-day moving average is $63.97 and its 200-day moving average is $62.28. The stock has a market cap of $947.58 million, a price-to-earnings ratio of 8.96 and a beta of 1.02.

About Burke & Herbert Financial Services

Burke & Herbert Financial Services, Inc is the bank holding company for Burke & Herbert Bank, a community-focused financial institution headquartered in Richmond, Virginia. The company’s stock is traded on the OTC Markets under the symbol BHRB. As a holding company, Burke & Herbert Financial Services oversees the strategic direction and regulatory compliance of its banking subsidiary, positioning it to serve individual and commercial clients across central Virginia.

Through Burke & Herbert Bank, the company offers a comprehensive suite of financial products and services, including personal checking and savings accounts, business deposit solutions, residential and commercial lending, mortgage financing, and treasury management services.