Guaranty Federal Bancshares Inc. (NASDAQ:GFED) hit a new 52-week high during mid-day 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 Wednesday, July 20th.

The stock’s 50 day moving average is $16.24 and its 200 day moving average is $15.67. The stock has a market capitalization of $72.06 million and a price-to-earnings ratio of 13.54.

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

The business also recently disclosed 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 dividend on an annualized basis and a yield of 1.94%.

In related news, Director John F. Griesemer acquired 3,000 shares of the company’s stock in a transaction that occurred on Monday, June 6th. The stock was acquired at an average price of $16.00 per share, for a total transaction of $48,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at 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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