Potomac Bancshares (OTCMKTS:PTBS) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Potomac Bancshares, Inc. (OTCMKTS:PTBS)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $14.60 and traded as high as $14.64. Potomac Bancshares shares last traded at $14.64, with a volume of 300 shares.

Potomac Bancshares Stock Up 0.3 %

The firm has a 50-day moving average of $14.60 and a two-hundred day moving average of $14.56. The company has a market capitalization of $60.61 million, a PE ratio of 9.32 and a beta of 0.12.

Potomac Bancshares (OTCMKTS:PTBS) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $0.34 earnings per share for the quarter. The company had revenue of $8.30 million for the quarter.

Potomac Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 8th. Stockholders of record on Friday, November 1st will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date of this dividend is Friday, November 1st. Potomac Bancshares’s dividend payout ratio (DPR) is presently 30.57%.

Potomac Bancshares Company Profile

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.