Keep Your Eyes on This Stock: Provident Financial Holdings (NASDAQ:PROV)

Provident Financial Holdings (NASDAQ:PROV) stock observed trading -5.73% off 52-week high price. On the other end, the stock has been noted 40.15% away from low price over the last 52-weeks. The stock disclosed a move of -1.11% away from 50 day moving average and 8.44% away from 200 day moving average. Moving closer, we can see that shares have been trading -3.48% off 20-day moving average. It has market cap of $150.91M and dividend yield of 2.72%.

On July 30, 2019, Provident Financial Holdings (NASDAQ:PROV), the holding company for Provident Savings Bank, F.S.B., announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.14 per share.  Shareholders of the Company’s common stock at the close of business on August 20, 2019 will be entitled to receive the cash dividend.  The cash dividend will be payable on September 10, 2019.

Safe-Harbor Statement

Certain matters in this News Release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  These forward-looking statements may relate to, among others, expectations of the business environment in which the Company operates, projections of future performance, perceived opportunities in the market, potential future credit experience, and statements regarding the Company’s mission and vision. These forward-looking statements are based upon current management expectations, and may, therefore, involve risks and uncertainties. The Company’s actual results, performance, or achievements may differ materially from those suggested, expressed, or implied by forward-looking statements as a result of a wide range of factors including, but not limited to, the general business environment, interest rates, the California real estate market, competitive conditions between banks and non-bank financial services providers, regulatory changes, and other risks detailed in the Company’s reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2018.

The USA based company Provident Financial Holdings moved with change of 0.24% to $20.56 with the total traded volume of 7830 shares in recent session versus to an average volume of 22.05K. The stock was observed in the 5 days activity at -2.19%.The one month performance of stock was -2.05%. PROV’s shares are at 1.53% for the quarter and driving a 11.14% return over the course of the past year and is now at 32.65% since this point in 2018. Right now the stock beta is 0.48. The average volatility for the week and month was at 2.95% and 2.16% respectively. There are 7.34M shares outstanding and 5.72M shares are floated in market.


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