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

Shares of C&F Financial Corporation (NASDAQ:CFFI) 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 traded.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of C&F Financial in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, C&F Financial presently has a consensus rating of “Hold”.

C&F Financial Stock Performance

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

C&F Financial (NASDAQ:CFFI) last posted its 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 firm had revenue of $35.88 million for the quarter.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. BNP Paribas Financial Markets increased its stake in C&F Financial by 370.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider’s stock worth $26,000 after buying an additional 333 shares during the period. Police & Firemen s Retirement System of New Jersey acquired a new position in shares of C&F Financial in the second quarter worth $36,000. New York State Common Retirement Fund purchased a new stake in shares of C&F Financial during the second quarter worth $105,000. Rhumbline Advisers boosted its holdings in C&F Financial by 2,137.3% in the second quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock valued at $196,000 after purchasing an additional 3,035 shares during the period. Finally, Royal Bank of Canada boosted its holdings in C&F Financial by 40.7% in the first quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock valued at $361,000 after purchasing an additional 1,550 shares during the period. Hedge funds and other institutional investors own 37.23% of the company’s stock.

C&F Financial Company Profile

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.