Orrstown Financial Services Inc. (ORRF) Shares Gap Up to $18.99
Orrstown Financial Services Inc. (NASDAQ:ORRF) gapped up prior to trading 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 traded.
Separately, Zacks Investment Research raised Orrstown Financial Services from a “sell” rating to a “hold” rating in a research report on Thursday, March 31st.
The firm has a market cap of $158.62 million and a price-to-earnings ratio of 19.40. The company has a 50-day moving average of $18.40 and a 200-day moving average of $17.91.
Orrstown Financial Services (NASDAQ:ORRF) last released its earnings results on Thursday, April 28th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.15. On average, equities analysts forecast that Orrstown Financial Services Inc. will post $0.96 EPS for the current 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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