Hingham Institution for Savings (NASDAQ:HIFS) Releases Quarterly Earnings Results

Hingham Institution for Savings (NASDAQ:HIFS) announced its quarterly earnings results on Friday. The savings and loans company reported $2.78 earnings per share (EPS) for the quarter, Zacks reports. Hingham Institution for Savings had a return on equity of 2.95% and a net margin of 12.97%.

Hingham Institution for Savings Stock Performance

Shares of NASDAQ:HIFS traded up $1.26 during midday trading on Friday, reaching $220.20. The company had a trading volume of 8,617 shares, compared to its average volume of 15,147. The stock has a market cap of $473.43 million, a P/E ratio of 17.16 and a beta of 0.92. The company’s 50 day moving average price is $247.20 and its 200 day moving average price is $255.62. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.63. Hingham Institution for Savings has a 52-week low of $162.84 and a 52-week high of $300.00.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Hingham Institution for Savings from a “hold” rating to a “sell” rating in a report on Tuesday.

Hingham Institution for Savings Company Profile

Hingham Institution for Savings provides various financial products and services to individuals and small businesses in the United States. It offers savings, checking, money market, demand, and negotiable order of withdrawal accounts, as well as certificates of deposit. The company provides commercial and residential real estate, construction, home equity, commercial, consumer, and mortgage loans.