Orrstown Financial Services Inc. (ORRF) Shares Gap Up to $18.99
Orrstown Financial Services Inc. (NASDAQ:ORRF) shares gapped up before the market opened on Friday . The stock had previously closed at $18.93, but opened at $18.99. Orrstown Financial Services shares last traded at $19.01, with a volume of 13,845 shares changing hands.
Separately, Zacks Investment Research upgraded Orrstown Financial Services from a “sell” rating to a “hold” rating in a research report on Thursday, March 31st.
The company’s 50-day moving average price is $18.40 and its 200-day moving average price is $17.91. The stock has a market capitalization of $158.62 million and a PE ratio of 19.40.
Orrstown Financial Services (NASDAQ:ORRF) last posted its quarterly earnings data on Thursday, April 28th. The company reported $0.32 EPS for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.15. Analysts predict that Orrstown Financial Services Inc. will post $0.96 earnings per share for the current fiscal year.
Orrstown Financial Services, Inc is the bank holding company for Orrstown Bank (the Bank). The Bank is engaged in commercial banking and trust business. The Company operates through Community Banking segment. The Bank’s activities involve accepting demand, time and savings deposits, and granting loans.
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