Malvern Bancorp (NASDAQ:MLVF) Stock Price Crosses Below 200-Day Moving Average of $16.04

Malvern Bancorp, Inc. (NASDAQ:MLVFGet Rating)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.04 and traded as low as $15.52. Malvern Bancorp shares last traded at $15.84, with a volume of 2,615 shares.

The company has a fifty day moving average of $15.93 and a two-hundred day moving average of $16.04. The company has a quick ratio of 1.09, a current ratio of 1.11 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $120.78 million, a price-to-earnings ratio of -58.67 and a beta of 0.90.

Malvern Bancorp (NASDAQ:MLVFGet Rating) last announced its quarterly earnings data on Tuesday, May 10th. The savings and loans company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.09). The firm had revenue of $7.52 million for the quarter, compared to analysts’ expectations of $7.30 million. Malvern Bancorp had a negative return on equity of 1.42% and a negative net margin of 5.39%. Equities analysts anticipate that Malvern Bancorp, Inc. will post 0.84 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Sterling Investment Advisors Ltd. acquired a new position in Malvern Bancorp during the 4th quarter worth approximately $31,000. Commonwealth Equity Services LLC purchased a new position in Malvern Bancorp in the fourth quarter worth $197,000. FNY Investment Advisers LLC purchased a new position in Malvern Bancorp in the first quarter worth $202,000. Bell Rock Capital LLC acquired a new stake in Malvern Bancorp in the fourth quarter valued at $882,000. Finally, Petiole USA ltd purchased a new stake in shares of Malvern Bancorp during the 4th quarter worth $3,134,000. 48.13% of the stock is currently owned by institutional investors.

About Malvern Bancorp (NASDAQ:MLVF)

Malvern Bancorp, Inc operates as the bank holding company for Malvern Bank that provides various banking products and services to consumer and business customers in Pennsylvania. It offers personal and business checking accounts, retirement accounts, money market accounts, and time and savings accounts; safe deposit boxes, credit cards, wire transfers, access to automated teller services, Internet banking, ACH origination, telephone banking, and mobile banking services.

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