Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) Director John W. Giambalvo purchased 2,000 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were purchased at an average cost of $12.26 per share, with a total value of $24,520.00. Following the acquisition, the director now owns 16,784 shares in the company, valued at approximately $205,771.84. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Shares of NASDAQ:CVLY opened at $11.75 on Friday. The company has a market cap of $116.68 million, a price-to-earnings ratio of 12.38 and a beta of 0.62. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a 50 day simple moving average of $13.20 and a 200 day simple moving average of $16.02. Codorus Valley Bancorp, Inc. has a one year low of $10.62 and a one year high of $24.63.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 11th. Investors of record on Tuesday, July 28th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 3.40%. The ex-dividend date is Monday, July 27th.
About Codorus Valley Bancorp
Codorus Valley Bancorp, Inc operates as the bank holding company for the PeoplesBank that provides community banking services. The company accepts demand, money market, time, and savings deposits. It also offers commercial real estate, industrial, and construction loans; commercial loans, such as builder and developer, commercial and residential real estate investor, hotel/motel, wholesale and retail, agriculture, manufacturing, and other loans; and consumer loans, including residential mortgage, home equity, and other loans.
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