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Emclaire Financial (NASDAQ:EMCF) Stock Crosses Above 50 Day Moving Average of $31.75

Defense World ·  Dec 21, 2022 16:51

Emclaire Financial Corp (NASDAQ:EMCF – Get Rating)'s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $31.75 and traded as high as $32.99. Emclaire Financial shares last traded at $31.69, with a volume of 2,593 shares changing hands.

Emclaire Financial Stock Performance

The company's 50 day simple moving average is $31.75 and its 200 day simple moving average is $33.17. The stock has a market cap of $86.67 million, a price-to-earnings ratio of 8.61 and a beta of 0.28.

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Emclaire Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 16th. Stockholders of record on Thursday, December 1st were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Wednesday, November 30th. This represents a $1.24 annualized dividend and a dividend yield of 3.91%. Emclaire Financial's dividend payout ratio (DPR) is 33.70%.

Hedge Funds Weigh In On Emclaire Financial

Several large investors have recently made changes to their positions in EMCF. CSS LLC IL bought a new position in shares of Emclaire Financial during the 2nd quarter valued at about $527,000. Ergoteles LLC bought a new position in shares of Emclaire Financial during the 1st quarter valued at about $707,000. BlackRock Inc. boosted its position in shares of Emclaire Financial by 420.7% during the 3rd quarter. BlackRock Inc. now owns 28,567 shares of the bank's stock valued at $1,007,000 after purchasing an additional 23,081 shares in the last quarter. Boothbay Fund Management LLC boosted its holdings in shares of Emclaire Financial by 5.5% in the third quarter. Boothbay Fund Management LLC now owns 40,384 shares of the bank's stock worth $1,424,000 after buying an additional 2,119 shares during the period. Finally, Staley Capital Advisers Inc. boosted its holdings in shares of Emclaire Financial by 2.6% in the second quarter. Staley Capital Advisers Inc. now owns 78,054 shares of the bank's stock worth $2,685,000 after buying an additional 2,000 shares during the period. Institutional investors own 14.34% of the company's stock.

Emclaire Financial Company Profile

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Emclaire Financial Corp operates as the bank holding company for The Farmers National Bank of Emlenton that provides retail and commercial financial products and services to individuals and businesses in western Pennsylvania. The company's deposit products include checking, savings, and term certificate accounts; savings and time deposits; non-interest bearing and interest-bearing demand deposit accounts; and money market accounts.

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