Penns Woods Bancorp (NASDAQ:PWOD) Stock Crosses Below 200 Day Moving Average of $20.44

Penns Woods Bancorp, Inc. (NASDAQ:PWOD) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $20.44 and traded as low as $17.65. Penns Woods Bancorp shares last traded at $17.99, with a volume of 27,362 shares traded.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. StockNews.com raised Penns Woods Bancorp from a “sell” rating to a “hold” rating in a research report on Monday, January 1st. TheStreet downgraded Penns Woods Bancorp from a “b-” rating to a “c+” rating in a research note on Wednesday, March 20th.

Penns Woods Bancorp Trading Down 2.8 %

The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.09 and a current ratio of 1.10. The company has a 50 day simple moving average of $18.94 and a two-hundred day simple moving average of $20.42. The firm has a market cap of $129.77 million, a PE ratio of 7.48 and a beta of 0.45.

Penns Woods Bancorp (NASDAQ:PWOD) last posted its quarterly earnings results on Monday, January 29th. The financial services provider reported $0.77 earnings per share for the quarter. The business had revenue of $16.17 million for the quarter. Penns Woods Bancorp had a return on equity of 9.34% and a net margin of 16.61%.

Penns Woods Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Tuesday, March 12th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Monday, March 11th. This represents a $1.28 annualized dividend and a yield of 7.41%. Penns Woods Bancorp’s payout ratio is presently 55.41%.

Institutional Trading of Penns Woods Bancorp

Several large investors have recently added to or reduced their stakes in PWOD. Quadrature Capital Ltd purchased a new stake in shares of Penns Woods Bancorp in the fourth quarter worth about $598,000. Virtu Financial LLC purchased a new stake in shares of Penns Woods Bancorp in the fourth quarter worth about $258,000. Evergreen Wealth Solutions LLC boosted its stake in shares of Penns Woods Bancorp by 14.6% in the fourth quarter. Evergreen Wealth Solutions LLC now owns 17,805 shares of the financial services provider’s stock worth $401,000 after buying an additional 2,274 shares during the last quarter. Private Advisor Group LLC purchased a new stake in shares of Penns Woods Bancorp in the fourth quarter worth about $552,000. Finally, Merit Financial Group LLC purchased a new stake in shares of Penns Woods Bancorp in the fourth quarter worth about $201,000. Hedge funds and other institutional investors own 27.94% of the company’s stock.

About Penns Woods Bancorp

Penns Woods Bancorp, Inc operates as the bank holding company for Jersey Shore State Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations. It accepts time, demand, and savings deposits, including super NOW accounts, statement savings accounts, money market accounts, and certificates of deposit, as well as checking and individual retirement account (IRAs) accounts.