Home / FINANCIAL NEWS / Heritage Financial Corporation (HFWA) Breaks into New 52-Week High on September 28 Session

Heritage Financial Corporation (HFWA) Breaks into New 52-Week High on September 28 Session

Shares of Heritage Financial Corporation (HFWA) broke into a new 52-week high yesterday, hitting a peak of $30.00.
Shares closed at $29.65 after opening at $29.65 for a move of -0.17%. The company now has a market cap of $887.44 million.

Investors and traders can learn a lot about a stock’s momentum when it sets a new 52-week high. As an example, bullish investors view a company hitting its highest price in a year as a sign of
momentum and may interpret it as a signal to buy. On the other hand, bearish investors could view a new 52-week high as a signal of the end of a strong run, with the stock possibly peaking out
before an impending period of decline.

For Heritage Financial Corporation, the new 52-week high came on volume of 127,660. The stock has a float of 29.93 million shares and average daily volume of $130,312. It has a
50-day SMA of $26.84 and a 200-day SMA of $25.43.

Heritage Financial Corporation now has a P/E ratio of 21.2.

For a complete fundamental analysis analysis of Heritage Financial Corporation, check out Equities.com’s Stock Valuation Analysis report

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Heritage Financial Corp is a bank holding company. The company through its subsidiary provides commercial lending and deposit relationships with small businesses and their owners in its market areas and attracting deposits from the general public.

Heritage Financial Corporation is based out of Olympia, WA and has some 760 employees. Its CEO is Brian L. Vance.

Heritage Financial Corporation is also a component of the Russell 2000 Index, which is an invaluable tool for any small-cap investor. Consisting of the smaller 2,000 publicly traded companies of the 3,000 largest
companies in America by market cap (which combine to make the broader Russell 3000 index), the Russell 2000 gives the most comprehensive snapshot of the small-cap market of any index out there.

What’s more, the Russell 2000 is maintained by Russell Investments, a company committed to using rules-based methodologies to construct unbiased indices that differ from the committee-selected Dow
Jones Industrial Average or S&P 500.

To get more information on Heritage Financial Corporation and to follow the company’s latest updates, you can visit the company’s profile page here:
HFWA’s Profile
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

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