DNB Financial (NASDAQ:DNBF) Shares Pass Below Two Hundred Day Moving Average of $0.00

DNB Financial Corp (NASDAQ:DNBF) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as low as $42.69. DNB Financial shares last traded at $43.00, with a volume of 6,268 shares trading hands.

A number of analysts have issued reports on the stock. ValuEngine cut shares of DNB Financial from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Zacks Investment Research cut shares of DNB Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th.

The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.46. The firm has a market cap of $186.23 million, a PE ratio of 17.33 and a beta of 0.84. The business’s 50 day moving average is $44.37.



DNB Financial (NASDAQ:DNBF) last released its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $0.60 EPS for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.03). DNB Financial had a net margin of 20.71% and a return on equity of 9.89%. The firm had revenue of $10.86 million during the quarter, compared to the consensus estimate of $10.80 million. Research analysts predict that DNB Financial Corp will post 2.68 EPS for the current year.

Several large investors have recently added to or reduced their stakes in DNBF. Dimensional Fund Advisors LP raised its position in shares of DNB Financial by 10.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 38,479 shares of the financial services provider’s stock valued at $1,039,000 after purchasing an additional 3,774 shares during the period. O Shaughnessy Asset Management LLC bought a new position in shares of DNB Financial in the first quarter valued at approximately $95,000. Baldwin Investment Management LLC bought a new position in shares of DNB Financial in the first quarter valued at approximately $224,000. Castine Capital Management LLC raised its position in shares of DNB Financial by 29.6% in the first quarter. Castine Capital Management LLC now owns 223,055 shares of the financial services provider’s stock valued at $8,425,000 after purchasing an additional 50,986 shares during the period. Finally, Wells Fargo & Company MN raised its position in shares of DNB Financial by 9.5% in the second quarter. Wells Fargo & Company MN now owns 5,491 shares of the financial services provider’s stock valued at $244,000 after purchasing an additional 475 shares during the period. 32.54% of the stock is currently owned by institutional investors.

About DNB Financial (NASDAQ:DNBF)

DNB Financial Corporation operates as the bank holding company for DNB First, National Association that provides a range of commercial banking products and services to individuals and small to medium sized businesses. The company offers deposit products, including money market, savings, demand, and NOW accounts; and time deposits, as well as certificates of deposit, including IRAs and brokered deposits.

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