Keep Your Eyes on This Stock: Arrow Financial Corporation (NASDAQGS® – AROW)

Arrow Financial Corporation (NASDAQGS® – AROW) stock observed trading -0.45% off 52-week high price. On the other end, the stock has been noted 18.90% away from low price over the last 52-weeks. The stock disclosed a move of 6.70% away from 50 day moving average and 7.62% away from 200 day moving average. Moving closer, we can see that shares have been trading 5.32% off 20-day moving average. It has market cap of $525.49M and dividend yield of 2.87%.

October 30, 2019, notified a quarterly cash dividend of $0.26 per share payable December 13, 2019, to shareholders of record December 3, 2019. This represents an increase of 3% over the cash dividend paid in the fourth quarter of 2018, as a result of the 3% stock dividend distributed September 27, 2019.

Arrow Financial Corporation (NASDAQGS® – AROW) is a multi-bank holding company headquartered in Glens Falls, New York, serving the financial needs of northeastern New York. The Company is the parent of Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company. Other subsidiaries include North Country Investment Advisers, and Upstate Agency, LLC, specializing in property and casualty insurance and group health and employee benefits.

The information contained in this news release may contain statements that are not historical in nature but rather are based on management’s beliefs, assumptions, expectations, estimates and projections about the future. These statements may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, involving a degree of uncertainty and attendant risk. In the case of all forward-looking statements, actual outcomes and results may differ materially from what the statements predict or forecast, explicitly or by implication. The Company undertakes no obligation to revise or update these forward-looking statements to reflect the occurrence of unanticipated events. This News Release should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, and our other filings with the Securities and Exchange Commission.

 The USA based company Arrow Financial Corporation moved with change of 0.29% to $35.15 with the total traded volume of 26055 shares in recent session versus to an average volume of 20.58K. The stock was observed in the 5days activity at 2.81%. The one month performance of stock was7.69%. AROW’s shares are at 10.11% for the quarter and driving a 3.83% return over the course of the past year and is now at 13.07% since this point in 2018.  Right now the stock beta is 0.55. The average volatility for the week and month was at 1.91% and 1.90% respectively. There are 14.95M shares outstanding and 14.01M shares are floated in market.

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