American Business Bank (OTCMKTS:AMBZ) Shares Pass Above 50 Day Moving Average – Time to Sell?

American Business Bank (OTCMKTS:AMBZ)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $44.66 and traded as high as $44.97. American Business Bank shares last traded at $44.97, with a volume of 151 shares changing hands.

American Business Bank Price Performance

The business has a 50-day moving average of $44.66 and a 200-day moving average of $42.07. The firm has a market cap of $407.34 million, a price-to-earnings ratio of 9.69 and a beta of 0.74.

American Business Bank (OTCMKTS:AMBZ) last issued its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $1.33 earnings per share (EPS) for the quarter.

American Business Bank Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, February 24th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend was Monday, February 24th. American Business Bank’s dividend payout ratio (DPR) is currently 21.55%.

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.