Provident Financial Services Inc (PFS) Plunges 5.27% on July 27

Equities Staff  |

Provident Financial Services Inc (PFS) had a rough trading day for Friday July 27 as shares tumbled 5.27%, or a loss of $-1.46 per share, to close at $26.23. After opening the day at $26.98, shares of Provident Financial Services Inc traded as high as $27.83 and as low as $26.17. Volume was 337,828 shares over 2,655 trades, against an average daily volume of 139,264 shares and a total float of 67.01 million.

As a result of the decline, Provident Financial Services Inc now has a market cap of $1.76 billion.

The stock has a P/E Ratio of 18.2.

In the last year, shares of Provident Financial Services Inc have traded between a range of $29.12 and $23.26, and its 50-day SMA is currently $28.00 and 200-day SMA is $26.67.

For a complete fundamental analysis of Provident Financial Services Inc, check out Equities.com’s Stock Valuation Analysis report for PFS.

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Provident Financial Services Inc is a financial service provider operating through its subsidiary. The company provides banking services to individual and business customers. Net interest income is the largest portion of the company's net revenue.

Provident Financial Services Inc is based out of Jersey City, NJ and has some 1,054 employees. Its CEO is Christopher Martin.

Provident Financial Services Inc is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Provident Financial Services Inc and to follow the company’s latest updates, you can visit the company’s profile page here: PFS’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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