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Chemung Financial Corporation is currently in a long term uptrend where the price is trading 12.2% above its 200 day moving average.
From a valuation standpoint, the stock is 72.4% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.5.
Chemung Financial Corporation's total revenue rose by 9.6% to $22M since the same quarter in the previous year.
Its net income has increased by 24.5% to $5M since the same quarter in the previous year.
Finally, its free cash flow grew by 81.6% to $8M since the same quarter in the previous year.
Based on the above factors, Chemung Financial Corporation gets an overall score of 5/5.
Sector | Financial Services |
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CurrencyCode | USD |
Industry | Banks-Regional |
ISIN | US1640241014 |
Exchange | NASDAQ |
Beta | 0.14 |
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Market Cap | 195M |
Target Price | 50.33 |
PE Ratio | 6.76 |
Dividend Yield | 3.0% |
Chemung Financial Corporation operates as the holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services. The company provides demand, savings, and time deposits; non-interest and interest-bearing checking accounts; and insured money market accounts. It also offers commercial and agricultural loans comprising loans to small to mid-sized businesses; commercial mortgage loans; residential mortgage loans; consumer loans, including home equity lines of credit and home equity term loans; and interest rate swaps, letters of credit, wealth management, employee benefit plans, insurance products, mutual fund, and brokerage services. In addition, the company provides annuities, brokerage, and tax preparation services. Further, it offers guardian, custodian, and trustee services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts; and various investment, pension, estate planning, and employee benefit administrative services. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York.
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