Logansport Financial (OTCMKTS:LOGN) Shares Down 0.1% – Should You Sell?

Logansport Financial Corp. (OTCMKTS:LOGN)’s stock price traded down 0.1% during trading on Monday. The company traded as low as $35.50 and last traded at $36.62. Approximately 500 shares were traded during trading, an increase of 33% from the average session volume of 377 shares. The stock had previously closed at $36.6621.

Logansport Financial Stock Performance

The firm has a market capitalization of $23.39 million, a P/E ratio of 11.50 and a beta of 0.19. The firm’s 50-day moving average is $36.05 and its 200 day moving average is $33.60.

Logansport Financial (OTCMKTS:LOGN) last released its earnings results on Friday, July 24th. The company reported $0.82 earnings per share (EPS) for the quarter. The firm had revenue of $2.62 million for the quarter.

Institutional Investors Weigh In On Logansport Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. QRG Capital Management Inc. bought a new stake in Logansport Financial in the 2nd quarter valued at approximately $1,000,000. denkapparat Operations GmbH bought a new position in shares of Logansport Financial during the 2nd quarter worth approximately $540,000. Finally, Corient Private Wealth LP bought a new position in shares of Logansport Financial during the 2nd quarter worth approximately $472,000.

Logansport Financial Company Profile

Logansport Financial Corporation is a bank holding company headquartered in Logansport, Indiana. Through its principal subsidiary, Logansport Savings Bank, the company provides community banking services to individuals, families and businesses.

Logansport Savings Bank offers traditional financial products and services, including deposit accounts, residential and consumer lending, commercial loans and related banking services. The bank also provides electronic and online banking capabilities for customers.

The company primarily serves customers in and around north-central Indiana through its local banking operations.