American Business Bank (OTCMKTS:AMBZ) Stock Price Down 0.4% – Should You Sell?

Shares of American Business Bank (OTCMKTS:AMBZ) traded down 0.4% during trading on Thursday . The company traded as low as $43.52 and last traded at $43.91. 2,805 shares were traded during mid-day trading, a decline of 60% from the average session volume of 6,959 shares. The stock had previously closed at $44.10.

American Business Bank Trading Up 0.9 %

The company has a market cap of $403.22 million, a PE ratio of 9.76 and a beta of 0.72. The firm’s 50-day simple moving average is $42.31 and its two-hundred day simple moving average is $37.23.

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

American Business Bank Company Profile

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.