Malaga Financial (OTCMKTS:MLGF) Stock Price Down 1.4% – Here’s What Happened

Shares of Malaga Financial Corp. (OTCMKTS:MLGFGet Free Report) fell 1.4% during mid-day trading on Thursday . The company traded as low as $21.68 and last traded at $21.70. 210 shares changed hands during trading, a decline of 93% from the average session volume of 3,205 shares. The stock had previously closed at $22.00.

Malaga Financial Stock Performance

The stock has a fifty day simple moving average of $21.60 and a 200-day simple moving average of $21.79. The stock has a market cap of $214.83 million, a P/E ratio of 9.67 and a beta of 0.08.

Malaga Financial (OTCMKTS:MLGFGet Free Report) last released its earnings results on Thursday, April 16th. The company reported $0.61 earnings per share (EPS) for the quarter.

Malaga Financial Company Profile

(Get Free Report)

Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers. It offers checking, savings, NOW, and money market accounts, certificates of deposits, business banking, consumer, and demand deposits. The company also provides commercial real estate, single and multi-family residential mortgage, consumer, 14-unit investment property, construction, personal, and business loans; home equity lines of credit; and certificates of deposit.

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