Logansport Financial (OTCMKTS:LOGN) Trading 5.8% Higher – Time to Buy?

Logansport Financial Corp. (OTCMKTS:LOGN) rose 5.8% on Monday . The stock traded as high as $31.20 and last traded at $31.20. Approximately 100 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 472 shares. The stock had previously closed at $29.50.

Logansport Financial Stock Performance

The firm has a market capitalization of $19.03 million, a price-to-earnings ratio of 17.43 and a beta of 0.32. The business’s 50-day moving average is $30.72 and its two-hundred day moving average is $30.62.

Logansport Financial (OTCMKTS:LOGN) last released its quarterly earnings data on Wednesday, October 16th. The company reported $0.31 earnings per share (EPS) for the quarter. The company had revenue of $1.54 million for the quarter.

Logansport Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 13th. Shareholders of record on Thursday, December 12th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 5.77%. The ex-dividend date of this dividend is Thursday, December 12th. Logansport Financial’s payout ratio is 100.56%.

About Logansport Financial

Logansport Financial Corp. operates as the holding company for Logansport Savings Bank that provides various banking products and services to individuals and businesses in Cass County, Indiana. The company’s personal banking products and services include checking accounts, rite accounts, NOW accounts, savings accounts, health savings accounts, certificates of deposit, and individual retirement accounts; mortgage, home equity lines of credit, home improvement, construction, commercial buildings, farm, consumer, education, and car loans, as well as loans for single family and multi-family dwellings; and overdraft, and internet and mobile banking services.