Norwood Financial (NASDAQ:NWFL) Stock Crosses Below 200-Day Moving Average of $27.19

Norwood Financial Corp. (NASDAQ:NWFL) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $27.19 and traded as low as $24.51. Norwood Financial shares last traded at $24.80, with a volume of 19,897 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Norwood Financial from a “sell” rating to a “hold” rating in a research note on Thursday.

Norwood Financial Stock Down 2.0 %

The stock has a 50 day moving average of $24.65 and a 200 day moving average of $27.19. The firm has a market capitalization of $200.88 million, a price-to-earnings ratio of 12.98 and a beta of 0.67. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.83.

Norwood Financial (NASDAQ:NWFL) last issued its earnings results on Monday, April 22nd. The financial services provider reported $0.55 EPS for the quarter. The company had revenue of $16.72 million during the quarter. Norwood Financial had a return on equity of 8.80% and a net margin of 14.14%.

Institutional Trading of Norwood Financial

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in shares of Norwood Financial by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 379,847 shares of the financial services provider’s stock valued at $10,336,000 after buying an additional 2,978 shares during the period. John G Ullman & Associates Inc. boosted its stake in Norwood Financial by 233.7% in the first quarter. John G Ullman & Associates Inc. now owns 23,360 shares of the financial services provider’s stock valued at $636,000 after acquiring an additional 16,360 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of Norwood Financial by 58.8% during the first quarter. BNP Paribas Financial Markets now owns 3,402 shares of the financial services provider’s stock valued at $93,000 after purchasing an additional 1,260 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Norwood Financial by 5.9% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 45,606 shares of the financial services provider’s stock valued at $1,241,000 after purchasing an additional 2,546 shares during the last quarter. Finally, Strategic Financial Services Inc raised its position in shares of Norwood Financial by 34.1% during the 4th quarter. Strategic Financial Services Inc now owns 28,611 shares of the financial services provider’s stock worth $942,000 after purchasing an additional 7,270 shares during the period. Institutional investors own 28.08% of the company’s stock.

About Norwood Financial

Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services. The company accepts a range of deposit products, including interest-bearing and non-interest-bearing transaction accounts, and statement savings and money market accounts, as well as certificate of deposits.