Potomac Bancshares (OTCMKTS:PTBS) Stock Passes Above 50-Day Moving Average – Should You Sell?

Posted by Scott Moore on Dec 14th, 2024

Shares of Potomac Bancshares, Inc. (OTCMKTS:PTBS – Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $15.52 and traded as high as $16.25. Potomac Bancshares shares last traded at $16.25, with a volume of 305 shares.

Potomac Bancshares Stock Down 1.3 %

The firm’s fifty day moving average is $15.52 and its two-hundred day moving average is $14.89. The firm has a market cap of $67.28 million, a P/E ratio of 10.35 and a beta of 0.23.

Potomac Bancshares (OTCMKTS:PTBS – Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.42 earnings per share (EPS) for the quarter. The company had revenue of $8.71 million for the quarter.

Potomac Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Shareholders of record on Friday, November 1st were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.95%. The ex-dividend date was Friday, November 1st. Potomac Bancshares’s dividend payout ratio is currently 30.57%.

Potomac Bancshares Company Profile

(Get Free Report)

Potomac Bancshares, Inc operates as the bank holding company for Bank of Charles Town that provides various banking products and services to individuals and businesses. The company offers checking, savings, and individual retirement accounts; and certificates of deposit (CD). It also provides personal loans, including new and used vehicle, home equity, unsecured home improvement and personal, retail equipment, and lot loans, as well as loans secured by CD, and home equity lines of credit; commercial loans for building or office purchases, commercial real estate and construction, and production and administrative equipment purchases; lines of credit; mortgage, commercial, term, residential and commercial construction, commercial real estate, and agricultural loans; and credit and debit cards.