C&F Financial (NASDAQ:CFFI) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

C&F Financial Corporation (NASDAQ:CFFIGet Free Report)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $70.71 and traded as high as $77.44. C&F Financial shares last traded at $76.60, with a volume of 2,398 shares.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of C&F Financial in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Read Our Latest Analysis on C&F Financial

C&F Financial Stock Performance

The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.89 and a current ratio of 0.91. The firm’s 50 day moving average is $73.95 and its 200-day moving average is $70.71. The company has a market cap of $248.18 million, a PE ratio of 9.25 and a beta of 0.35.

C&F Financial (NASDAQ:CFFIGet Free Report) last posted its quarterly earnings results on Tuesday, January 27th. The financial services provider reported $2.07 earnings per share (EPS) for the quarter. C&F Financial had a return on equity of 11.03% and a net margin of 14.43%.The business had revenue of $35.88 million during the quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC increased its position in C&F Financial by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock worth $5,295,000 after purchasing an additional 509 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of C&F Financial by 7.1% during the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock worth $1,026,000 after buying an additional 1,015 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of C&F Financial by 11.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock worth $887,000 after buying an additional 1,339 shares during the last quarter. SummerHaven Investment Management LLC purchased a new stake in shares of C&F Financial during the 3rd quarter valued at approximately $854,000. Finally, Siena Capital Partners GP LLC acquired a new position in C&F Financial in the fourth quarter valued at approximately $500,000. Institutional investors and hedge funds own 37.23% of the company’s stock.

About C&F Financial

(Get Free Report)

C&F Financial Corporation is the bank holding company for C&F Bank, a community‐focused financial institution headquartered in Stephens City, Virginia. Founded in 1921, the company has grown from a single local bank into a regional franchise serving both retail and commercial clients. While the holding company trades on the Nasdaq under the ticker CFFI, its principal activities remain centered on traditional banking services designed to foster long-term relationships within its communities.

C&F Bank offers a full suite of deposit and lending products, including checking and savings accounts, money market accounts, certificates of deposit, and consumer and commercial loan facilities.

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