First National Bank Alaska (OTCMKTS:FBAK) Shares Cross Above 50-Day Moving Average – Time to Sell?

Shares of First National Bank Alaska (OTCMKTS:FBAK) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $222.83 and traded as high as $234.85. First National Bank Alaska shares last traded at $234.00, with a volume of 717 shares.

First National Bank Alaska Stock Up 4.0 %

The stock has a 50 day moving average of $222.83 and a 200 day moving average of $207.90. The firm has a market capitalization of $741.78 million, a price-to-earnings ratio of 11.64 and a beta of 0.32.

First National Bank Alaska Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Sunday, December 1st were paid a dividend of $3.20 per share. The ex-dividend date was Friday, November 29th. This represents a $12.80 annualized dividend and a yield of 5.47%. First National Bank Alaska’s payout ratio is 63.65%.

About First National Bank Alaska

First National Bank Alaska, a commercial bank, provides various banking products and services for business, industry, and individual customers primarily in Alaska. The company offers savings and checking accounts; money market deposits; safe deposit services; certificates of deposit; individual retirement accounts; and personal, home equity, and construction loans, as well as loans for stability and growth.