Burke & Herbert Financial Services (OTCMKTS:BHRB) Trading Up 0.8% – Here’s Why

Burke & Herbert Financial Services Corp. (OTCMKTS:BHRBGet Free Report)’s share price rose 0.8% on Tuesday . The company traded as high as $65.00 and last traded at $64.61. Approximately 62,294 shares changed hands during trading, an increase of 82% from the average daily volume of 34,287 shares. The stock had previously closed at $64.09.

Burke & Herbert Financial Services Stock Performance

The firm has a fifty day simple moving average of $63.42 and a 200 day simple moving average of $64.06. The company has a market cap of $967.08 million and a PE ratio of 26.92.

About Burke & Herbert Financial Services

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Burke Herbert Financial Services Corp. is a bank holding company, which engages in the provision of banking products and financial services to small to medium-sized businesses, their owners and employees, professional corporations, non-profits, and individuals. It operates through the following loan portfolio segments: Commercial Real Estate, Owner-Occupied Commercial Real Estate, Acquisition, Construction, and Development, Commercial and Industrial, Single Family Residential (1-4 Units), and Consumer Non-Real Estate and Other.

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