Charter Financial Corp. (CHFN) Sees Large Volume Increase
Charter Financial Corp. (NASDAQ:CHFN) shares saw unusually-strong trading volume on Thursday . Approximately 141,871 shares traded hands during trading, an increase of 179% from the previous session’s volume of 50,818 shares.The stock last traded at $12.97 and had previously closed at $13.01.
Separately, Zacks Investment Research upgraded shares of Charter Financial Corp. from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research report on Tuesday, April 12th.
The stock’s 50-day moving average is $13.12 and its 200 day moving average is $13.21. The stock has a market cap of $187.61 million and a P/E ratio of 22.74.
Charter Financial Corp. (NASDAQ:CHFN) last issued its quarterly earnings data on Thursday, April 28th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by $0.01. Equities analysts anticipate that Charter Financial Corp. will post $0.86 earnings per share for the current fiscal year.
Charter Financial Corporation is the savings and loan holding company for CharterBank (the Bank). The Bank is a federally-chartered savings bank. Its principal business consists of attracting retail deposits from the general public and investing those deposits, together with funds generated from operations, in commercial real estate loans, one- to four-family residential mortgage loans, construction loans and investment securities, commercial business loans, home equity loans and lines of credit, and other consumer loans.
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