Shares of the company are trading at $27.60 slightly over the 50 day moving average of $26.01 and quite a bit above the 200 day moving average of $23.83. The 50 day moving average was up $1.59 and the 200 day average went up by +15.83%. 262 shares changed hands by the end of trading on Tuesday. Overall, volume was down 97.34% under the stocks normal daily volume.
Traders are more bullish on shares of Malvern Bancorp, Inc. looking at the decrease in short interest. The firm recorded a fall in short interest of -5.94% as of the latest report on September 29, 2017. Short shares fell from 147,071 to 138,337 over that period. With short interest at 138,337 and short average daily volume at 7,284, the short-interest ratio is 19.0 and the percentage of shorted shares was 0.02% on September 29.
Additionally, here are a few investment firms who have increased or decreased their stake in (MLVF). As of quarter end Blackrock Inc. had disposed of 1,481 shares trimming its holdings by 65.1%. The value of the investment in MLVF went from $48,000 to $19,000 a change of $29,000 quarter to quarter. Clover Partners, L.p. downsized its ownership by selling 15,000 shares a decrease of 3.1% from 03/31/2017 to 06/30/2017. Clover Partners, L.p. owns 463,191 shares worth $11,093,000. The total value of its holdings increased 10.2%.
As of the end of the quarter Tower Research Capital LLC (trc) had bought a total of 193 shares growing its stake by 364.2%. The value of the investment in Malvern Bancorp, Inc. increased from $1,000 to $6,000 increasing 500.0% since the last quarter. As of the end of the quarter Acadian Asset Management LLC had bought a total of 2,475 shares growing its position 94.8%. The value of the company’s investment in Malvern Bancorp, Inc. went from $55,000 to $136,000 a change of 147.3% for the reporting period.
The P/E ratio is currently 14.39 and the market cap is 177.72M. In the last earnings report the EPS was $1.92 and is projected to be $0.97 for the current year with 6,439,000 shares now outstanding. Next quarter’s EPS is forecasted to be $0.34 with next year’s EPS anticipated to be $1.56.
Malvern Bancorp, Inc., launched on May 16, 2012, is the holding company for Malvern Federal Savings Bank (the Bank). The Bank is a federally chartered, the Federal Deposit Insurance Corporation (FDIC)-insured savings bank. The Company operates through the Community Banking segment. The Bank’s principal business consists of attracting deposits from businesses and the general public primarily in Chester County, Pennsylvania and investing those deposits, together with borrowings and funds generated from operations, in one- to four-family residential real estate loans, construction and development loans, commercial and multi-family real estate loans, commercial business loans, home equity loans and lines of credit and other consumer loans, as well as investing in investment securities. In addition to Chester County, its lending efforts are focused on neighboring Bucks County, Montgomery County and Delaware County, which are also in southeastern Pennsylvania, New Jersey and the New York metropolitan marketplace. The Bank’s revenues are derived principally from interest on loans and investment securities, loan commitment and customer service fees and mortgage banking operation..