American Business Bank (OTCMKTS:AMBZ) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

American Business Bank (OTCMKTS:AMBZ)’s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $42.57 and traded as low as $42.50. American Business Bank shares last traded at $42.55, with a volume of 1,954 shares changing hands.

American Business Bank Trading Up 0.5 %

The firm has a market cap of $389.11 million, a P/E ratio of 9.42 and a beta of 0.72. The company’s fifty day moving average price is $42.70 and its two-hundred day moving average price is $37.63.

American Business Bank (OTCMKTS:AMBZ) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $1.16 earnings per share for the quarter. The company had revenue of $33.28 million during the quarter.

About American Business Bank

American Business Bank, a California-chartered bank, provides banking products and services to small and medium-sized firms, non-profits, business executives, and professionals in Southern California. The company offers credit and depository; treasury management; asset-based lending; SBA lending; international banking comprising money transfers, import and export commercial letters of credit, standby letters of credit, documentary and clean collections, and foreign currency exchange services; and consulting and referral services.