Hingham Institution for Savings (HIFS) Moves Higher on Volume Spike for August 14

Hingham Institution for Savings (HIFS) traded on unusually high volume on Aug. 14, as the stock
gained 0.01% to close at $175.50. On the day, Hingham Institution for Savings saw 7,797 shares trade hands on 179 trades.
Considering that the stock averages only a daily volume of 2,569 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the
company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $203.01 and $128.08 over the last 52-weeks, its 50-day SMA is now $178.51, and its 200-day SMA $177.91. Hingham Institution for Savings
has a P/B ratio of 2.33. It also has a P/E ratio of 16.1.

Hingham Institution for Savings is a savings bank situated in Hingham, Massachusetts. It is involved in the business of residential and commercial real estate mortgage lending and also financial and banking services.

Headquartered in Hingham, MA, Hingham Institution for Savings has 111 employees and is currently under the leadership of CEO Robert Gaughen.

For a complete fundamental analysis analysis of Hingham Institution for Savings, check out Equities.com’s Stock Valuation Analysis report
for HIFS

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

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