Eagle Financial Services (NASDAQ:EFSI) Research Coverage Started at DA Davidson

DA Davidson initiated coverage on shares of Eagle Financial Services (NASDAQ:EFSI) in a research note published on Tuesday morning, Marketbeat Ratings reports. The firm issued a buy rating and a $40.00 price objective on the stock.

Eagle Financial Services Trading Down 0.3 %

Shares of EFSI stock opened at $32.39 on Tuesday. The stock has a market cap of $116.02 million, a PE ratio of 7.50 and a beta of 0.53. Eagle Financial Services has a 1-year low of $27.02 and a 1-year high of $36.93. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.07 and a current ratio of 1.07.

Insider Transactions at Eagle Financial Services

In related news, Director Thomas T. Gilpin acquired 1,000 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were acquired at an average cost of $32.00 per share, for a total transaction of $32,000.00. Following the acquisition, the director now directly owns 50,490 shares in the company, valued at approximately $1,615,680. The trade was a 2.02 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 12.28% of the company’s stock.

Eagle Financial Services Company Profile

Eagle Financial Services, Inc operates as the bank holding company for Bank of Clarke County that provides various retail and commercial banking products and services in the Shenandoah Valley and Northern Virginia. The company’s deposit products include checking, NOW, money market, and regular savings accounts; and demand and time deposits.