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Susquehanna (NASDAQ:SUSQ) shares reached a new 52-week low during mid-day trading on Thursday , AnalystRatings.NET reports. The company traded as low as $9.42 and last traded at $9.54, with a volume of 722,327 shares changing hands. The stock had previously closed at $9.70.

A number of research firms have recently commented on SUSQ. Analysts at Zacks downgraded shares of Susquehanna from a “neutral” rating to an “underperform” rating in a research note on Thursday. They now have a $9.20 price target on the stock. Separately, analysts at SunTrust initiated coverage on shares of Susquehanna in a research note on Thursday. They set a “neutral” rating and a $10.50 price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Susquehanna in a research note on Wednesday, May 7th. They now have a $11.00 price target on the stock, down previously from $12.00. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the stock. Susquehanna has a consensus rating of “Hold” and an average target price of $27.03.

The stock’s 50-day moving average is $10.74 and its 200-day moving average is $11.51. The company has a market cap of $1.831 billion and a P/E ratio of 10.90.

Susquehanna (NASDAQ:SUSQ) last released its earnings data on Wednesday, April 23rd. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.01. During the same quarter in the previous year, the company posted $0.23 earnings per share. Analysts expect that Susquehanna will post $0.81 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, May 20th. Stockholders of record on Thursday, May 1st will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 3.30%. The ex-dividend date of this dividend is Tuesday, April 29th.

Susquehanna Bancshares, Inc (NASDAQ:SUSQ) is a financial holding company that provides a range of retail and commercial banking and financial services, through its subsidiaries in the mid-Atlantic region.

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