Skip to main content

NEW YORK (

TheStreet

) -- Shares of

AmeriServ Financial

(Nasdaq:

ASRV

) have taken a tremendous swing upward. The stock is trading at $2.07 as of 3:29 p.m. ET, 26.2% above Thursday's closing price of $1.64. Volume is at 22,080, two times the daily average of 11,300.

AmeriServ Financial has a market cap of $34.4 million and is part of the

financial

sector and

banking

industry. Shares are up 3.8% year to date as of the close of trading on Thursday.

AmeriServ Financial, Inc. operates as the bank holding company for AmeriServ Financial Bank that offers a range of consumer, mortgage, and commercial financial products and services. The company has a P/E ratio of nine, above the average banking industry P/E ratio of 8.5 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates AmeriServ Financial as a

hold

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that revenues have generally been declining. You can view the full

AmeriServ Financial Ratings Report

.

See our

top % gaining stocks list

for other stocks that are soaring today, or get investment ideas from our

investment research center

.

Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting

SOAR

to 95370 or select from

multiple alert options

.

null