Logansport Financial (OTCMKTS:LOGN) Stock Falls 0.1% – What’s Next?

Logansport Financial Corp. (OTCMKTS:LOGN) was down 0.1% during trading on Monday. The company traded as low as $35.50 and last traded at $36.62. Approximately 500 shares changed hands 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 company has a 50-day moving average of $35.96 and a 200-day moving average of $33.56. The firm has a market capitalization of $22.70 million, a price-to-earnings ratio of 11.13 and a beta of 0.19.

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

Hedge Funds Weigh In On Logansport Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LOGN. Corient Private Wealth LP bought a new position in Logansport Financial during the 2nd quarter worth about $472,000. denkapparat Operations GmbH bought a new stake in shares of Logansport Financial in the second quarter valued at about $540,000. Finally, QRG Capital Management Inc. acquired a new position in shares of Logansport Financial during the second quarter worth about $1,000,000.

About Logansport Financial

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.