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MVB Financial Corp (NASDAQ: MVBF) closed the day trading at $18.93 down -4.44% from the previous closing price of $19.81. In other words, the price has decreased by -$4.44 from its previous closing price. On the day, 61119.0 shares were traded. MVBF stock price reached its highest trading level at $19.62 during the session, while it also had its lowest trading level at $18.76.
Ratios:
For a better understanding of MVBF, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.28.
On May 08, 2024, Hovde Group reiterated its Outperform rating and also upped its target price recommendation from $27 to $23.
On February 27, 2023, JP Morgan started tracking the stock assigning a Overweight rating and target price of $35.JP Morgan initiated its Overweight rating on February 27, 2023, with a $35 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MVBF now has a Market Capitalization of 244982592 and an Enterprise Value of -274446048. As of this moment, MVB’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.33, and their Forward P/E ratio for the next fiscal year is 11.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.11 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at -1.957.
Stock Price History:
Over the past 52 weeks, MVBF has reached a high of $25.24, while it has fallen to a 52-week low of $17.51. The 50-Day Moving Average of the stock is -9.96%, while the 200-Day Moving Average is calculated to be -6.16%.
Shares Statistics:
Over the past 3-months, MVBF traded about 34.02K shares per day on average, while over the past 10 days, MVBF traded about 45220 shares per day. A total of 12.93M shares are outstanding, with a floating share count of 11.75M. Insiders hold about 9.23% of the company’s shares, while institutions hold 48.59% stake in the company. Shares short for MVBF as of 1734048000 were 57812 with a Short Ratio of 1.70, compared to 1731628800 on 51446. Therefore, it implies a Short% of Shares Outstanding of 57812 and a Short% of Float of 0.5499999999999999.
Dividends & Splits
MVBF’s forward annual dividend rate is 0.68, up from 0.68 a year ago. Against a Trailing Annual Dividend Yield of 0.0343261The stock’s 5-year Average Dividend Yield is 2.31.
