DNB Financial Corp (DNBF) was one of the weakest stocks in the financial sector of the NYSE and NASDAQ listed companies on April 21, skidding 3.19% to close the day at $33.4 after closing the day prior at $34.5. Throughout the day, shares of DNBF traded as high as $34.25 and as low as $33.0. Today’s decline came with about 1,251 shares changing hands, compared to an average 30-day volume of 4,854 for DNB Financial Corp. The price is currently below the 30-day volume weighted average price of $33.63 for DNBF.
The share depreciation gives the company a market capitalization of $146.68 million based upon 4.25 million shares outstanding. It also means that DNBF has a price-to-book ratio of 1.55:1.
In the past 52 weeks, shares of DNBF have traded as low as $23.05 and as high as $35.15. Technical traders will take note that at $33.4, shares of DNBF are trading above their 200-day MA at $28.37 and below their 50-day MA at $33.74. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding below them is typically regarded as bearish.
Who is DNBF?
DNB Financial Corp is a bank holding company for DNB First, National Association (the Bank). The Bank is a full service commercial bank providing banking services to individuals and small to medium sized businesses. The company’s 166 employees are led by CEO William J. Hieb from the corporate headquarters at 4 Brandywine Avenue in Downingtown, PA.
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