Shares of Guaranty Federal Bancshares Inc. (NASDAQ:GFED) hit a new 52-week high during trading on Thursday . The stock traded as high as $18.70 and last traded at $16.50, with a volume of 10,210 shares changing hands. The stock had previously closed at $16.90.

Separately, Zacks Investment Research lowered Guaranty Federal Bancshares from a “hold” rating to a “sell” rating in a report on Friday, April 15th.

The company’s 50 day moving average is $16.25 and its 200 day moving average is $15.67. The firm has a market capitalization of $71.79 million and a PE ratio of 13.49.

Guaranty Federal Bancshares (NASDAQ:GFED) last released its quarterly earnings results on Monday, July 18th. The financial services provider reported $0.28 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by $0.05. Equities research analysts expect that Guaranty Federal Bancshares Inc. will post $1.25 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, July 15th. Investors of record on Tuesday, July 5th were issued a $0.08 dividend. The ex-dividend date of this dividend was Thursday, June 30th. This represents a $0.32 annualized dividend and a yield of 1.95%.

In related news, Director John F. Griesemer bought 3,000 shares of the company’s stock in a transaction that occurred on Monday, June 6th. The stock was purchased at an average price of $16.00 per share, for a total transaction of $48,000.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Guaranty Federal Bancshares, Inc is the savings and loan holding company for Guaranty Bank (the Bank). The Bank’s principal business is attracting retail deposits from the public and investing the deposits, together with funds generated from operations, in commercial real estate loans, multi-family residential mortgage loans, construction loans, permanent one to four-family residential mortgage loans, business loans, consumer loans and other loans.

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