Eagle Financial Services (OTCMKTS:EFSI) Shares Cross Above Fifty Day Moving Average – Here’s Why

Eagle Financial Services, Inc. (OTCMKTS:EFSI)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $37.95 and traded as high as $39.90. Eagle Financial Services shares last traded at $39.83, with a volume of 11,343 shares.

Eagle Financial Services Trading Down 0.8%

The business has a 50 day simple moving average of $38.02 and a 200-day simple moving average of $36.34. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market capitalization of $212.35 million, a P/E ratio of 9.14 and a beta of 0.21.

About Eagle Financial Services

Eagle Financial Services, Inc operates as the bank holding company for Bank of Clarke that provides various retail and commercial banking products and services in the Shenandoah Valley, Northern Virginia and Frederick, Maryland. It operates through three segments: Community Banking, Marine Lending, and Wealth Management. The company's deposit products include checking, NOW, money market, and regular savings accounts; and demand and time deposits. Its loan portfolio comprises one-to-four-family residential real estate, commercial real estate, construction and land development, and commercial and industrial loans, as well as secured and unsecured consumer loans, which include personal installment loans, personal lines of credit, automobile loans, and credit card loans.