Mvb Financial Corp. (OTCMKTS:MVBF)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $22.68 and traded as low as $22.35. Mvb Financial shares last traded at $22.68, with a volume of 37,519 shares trading hands.

The company has a 50 day moving average of $22.80 and a two-hundred day moving average of $19.80.

Mvb Financial (OTCMKTS:MVBF) last posted its quarterly earnings data on Monday, October 28th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.02. The firm had revenue of $29.73 million during the quarter.

Hedge funds have recently bought and sold shares of the stock. Second Curve Capital LLC acquired a new stake in Mvb Financial in the 2nd quarter worth about $169,000. Rhumbline Advisers boosted its holdings in Mvb Financial by 9.3% in the 3rd quarter. Rhumbline Advisers now owns 14,046 shares of the financial services provider’s stock worth $279,000 after buying an additional 1,190 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Mvb Financial by 4.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 22,995 shares of the financial services provider’s stock worth $390,000 after buying an additional 1,025 shares during the last quarter. Northern Trust Corp boosted its holdings in Mvb Financial by 5.5% in the 2nd quarter. Northern Trust Corp now owns 79,943 shares of the financial services provider’s stock worth $1,356,000 after buying an additional 4,147 shares during the last quarter. Finally, State Street Corp boosted its holdings in Mvb Financial by 3.0% in the 3rd quarter. State Street Corp now owns 120,717 shares of the financial services provider’s stock worth $2,396,000 after buying an additional 3,486 shares during the last quarter. Institutional investors own 4.98% of the company’s stock.

About Mvb Financial (OTCMKTS:MVBF)

MVB Financial Corp. (MVB) is a financial holding company. Through its subsidiaries, MVB Bank, Inc (the Bank), MVB Mortgage and MVB Insurance, LLC, the Company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region.

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