Mvb Financial Corp. (OTCMKTS:MVBF) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $22.68 and traded as low as $22.35. Mvb Financial shares last traded at $22.68, with a volume of 37,519 shares changing hands.

The business has a 50-day simple moving average of $22.80 and a 200-day simple moving average of $19.80.

Mvb Financial (OTCMKTS:MVBF) last announced its earnings results on Monday, October 28th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. The firm had revenue of $29.73 million during the quarter.

A number of hedge funds and other institutional investors have recently made changes to their positions in MVBF. Charles Schwab Investment Management Inc. raised its position in Mvb Financial by 4.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 22,995 shares of the financial services provider’s stock valued at $390,000 after purchasing an additional 1,025 shares during the period. Northern Trust Corp increased its position in shares of Mvb Financial by 5.5% during the second quarter. Northern Trust Corp now owns 79,943 shares of the financial services provider’s stock worth $1,356,000 after acquiring an additional 4,147 shares during the period. BlackRock Inc. increased its position in shares of Mvb Financial by 15.0% during the second quarter. BlackRock Inc. now owns 483,592 shares of the financial services provider’s stock worth $8,201,000 after acquiring an additional 63,066 shares during the period. Vanguard Group Inc. increased its position in shares of Mvb Financial by 1.0% during the second quarter. Vanguard Group Inc. now owns 378,992 shares of the financial services provider’s stock worth $6,428,000 after acquiring an additional 3,810 shares during the period. Finally, Second Curve Capital LLC purchased a new stake in shares of Mvb Financial during the second quarter worth $169,000. 4.98% of the stock is currently owned by institutional investors.

About Mvb Financial (OTCMKTS:MVBF)

MVB Financial Corp. (MVB) is a financial holding company. Through its subsidiaries, MVB Bank, Inc (the Bank), MVB Mortgage and MVB Insurance, LLC, the Company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region.

Featured Story: Trade War

Receive News & Ratings for Mvb Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mvb Financial and related companies with MarketBeat.com's FREE daily email newsletter.