Notable Runner: Does Norwood Financial Corporation Have More Gas After Touching 52-Week High?

Notable Runner: Does Norwood Financial Corporation Have More Gas After Touching 52 Week High?

The stock of Norwood Financial Corporation (NASDAQ:NWFL) hit a new 52-week high and has $36.08 target or 8.00% above today’s $33.41 share price. The 7 months bullish chart indicates low risk for the $134.48 million company. The 1-year high was reported on Nov, 25 by Barchart.com. If the $36.08 price target is reached, the company will be worth $10.76 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 2.33% or $0.76 during the last trading session, hitting $33.41. About 20,182 shares traded hands or 712.15% up from the average. Norwood Financial Corporation (NASDAQ:NWFL) has risen 13.71% since April 22, 2016 and is uptrending. It has outperformed by 8.30% the S&P500.

Analysts await Norwood Financial Corporation (NASDAQ:NWFL) to report earnings on February, 3.

Insitutional Activity: The institutional sentiment increased to 1.2 in Q2 2016. Its up 0.20, from 1 in 2016Q1. The ratio is positive, as 3 funds sold all Norwood Financial Corporation shares owned while 2 reduced positions. 0 funds bought stakes while 5 increased positions. They now own 355,573 shares or 23.34% less from 463,816 shares in 2016Q1.
Deutsche Natl Bank Ag has 375 shares for 0% of their US portfolio. Vanguard Incorporated has invested 0% of its portfolio in Norwood Financial Corporation (NASDAQ:NWFL). Blackrock Management Ltd Company reported 498 shares or 0% of all its holdings. Morgan Stanley holds 0% of its portfolio in Norwood Financial Corporation (NASDAQ:NWFL) for 200 shares. Minerva Advsrs Lc accumulated 0.28% or 14,737 shares. Moreover, Blackrock Fund Advsrs has 0% invested in Norwood Financial Corporation (NASDAQ:NWFL) for 688 shares. Fmr Ltd Liability Corp last reported 208,110 shares in the company. Peoples Serv Corporation has 7,613 shares for 0.13% of their US portfolio. Brandes Invest Lp has invested 0% of its portfolio in Norwood Financial Corporation (NASDAQ:NWFL). Creative Planning last reported 28,691 shares in the company. Royal Financial Bank Of Canada holds 0% of its portfolio in Norwood Financial Corporation (NASDAQ:NWFL) for 355 shares. Northern Trust Corp holds 0% or 9,747 shares in its portfolio. Community Bancorporation Na accumulated 1,501 shares or 0.01% of the stock. Blackrock Advsr Limited Co holds 0% or 859 shares in its portfolio. Moreover, Tower Rech Capital Lc (Trc) has 0% invested in Norwood Financial Corporation (NASDAQ:NWFL) for 478 shares.

Insider Transactions: Since July 25, 2016, the stock had 3 insider buys, and 7 insider sales for $96,827 net activity. 68 shares with value of $1,955 were sold by MARSHALL JOHN E on Wednesday, November 2. Another trade for 200 shares valued at $5,700 was bought by ADAMS JOSEPH W. LAMONT KEVIN M had bought 500 shares worth $14,915 on Thursday, September 8. $33,385 worth of Norwood Financial Corporation (NASDAQ:NWFL) shares were sold by SANDERS JOHN H. CRITELLI LEWIS J also sold $80,988 worth of Norwood Financial Corporation (NASDAQ:NWFL) on Wednesday, November 16.

More notable recent Norwood Financial Corporation (NASDAQ:NWFL) news were published by: Globenewswire.com which released: “Norwood Financial Corp. Completes Acquisition Of Delaware Bancshares, Inc.” on August 01, 2016, also Globenewswire.com with their article: “Norwood Financial Corp. to Acquire Delaware Bancshares, Inc.” published on March 10, 2016, Globenewswire.com published: “Norwood Financial Corp. and Delaware Bancshares, Inc. Announce Shareholder …” on June 24, 2016. More interesting news about Norwood Financial Corporation (NASDAQ:NWFL) were released by: Globenewswire.com and their article: “Norwood Financial Corp Announces Third Quarter Earnings” published on October 26, 2016 as well as Reuters.com‘s news article titled: “BRIEF-Fidelity d & d bancorp, inc to acquire Norwood Financial Corp’s west…” with publication date: September 30, 2016.

Norwood Financial Corp. is a bank holding company. The company has a market cap of $134.48 million. The Firm operates through its subsidiary, Wayne Bank . It has a 27.69 P/E ratio. The Bank is a chartered bank and trust company.

NWFL Company Profile

Norwood Financial Corp., incorporated on November 15, 1995, is a bank holding company. The Firm operates through its subsidiary, Wayne Bank (the Bank). The Bank is a chartered bank and trust company. The Bank is an independent community bank that operates over five offices in the Wayne County, approximately three offices in Pike County, four offices in Monroe County and over three offices in Lackawanna County. The Bank offers various personal and business credit services, trust and investment products, and real estate settlement services to the consumers, businesses, nonprofit organizations and municipalities in each of the communities that the Bank serves. The Bank primarily serves the Pennsylvania counties of Wayne, Pike, Monroe and Lackawanna, as well as the Susquehanna County. In addition, the Bank operates approximately 20 automated teller machines (ATMs), each one located at a branch facility. The Bank operates a Wealth Management/Trust Department, which provides estate planning, investment management and financial planning to customers.

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