ASRV Stock Summary and Trading Ideas (Ameriserv Financial | NASDAQ:ASRV)

AmeriServ Financial Inc is a bank holding company. The company and its subsidiaries derive substantially all of their income from banking, bank-related services, and trust-related services. Its operating segment includes community banking; wealth management and investment/parent. The company generates maximum revenue from the community banking segment. The community banking segment includes both retail and commercial banking activities. Retail banking includes the deposit-gathering branch franchise and lending to both individuals and small businesses. Lending activities include residential mortgage loans, direct consumer loans and small business commercial loans. Commercial banking to businesses includes commercial loans, business services, and CRE loans.

Ameriserv Financial trades on the NASDAQ stock market under the symbol ASRV.

As of May 1, 2024, ASRV stock price climbed to $2.45 with 3,775 million shares trading.

ASRV has a market cap of $42.01 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, ASRV stock traded as high as $4.52 and as low as $2.25.

The top ETF exchange traded funds that ASRV belongs to (by Net Assets): VTI, VXF, DFAT, BSVO, DFAS.

ASRV has underperformed the market in the last year with a return of -13.8%, while the SPY ETF gained +22.5%. In the last 3 month period, ASRV fell short of the market, returning -21.5%, while SPY returned +2.8%. However, in the most recent 2 weeks ASRV has outperformed the stock market by returning +0.8%, while SPY returned -0.1%.

ASRV support price is $2.27 and resistance is $2.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ASRV stock will trade within this expected range on the day.