American Business Bank (OTCMKTS:AMBZ) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

American Business Bank (OTCMKTS:AMBZ) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $36.42 and traded as high as $38.00. American Business Bank shares last traded at $37.89, with a volume of 1,316 shares traded.

American Business Bank Trading Up 0.7 %

The company has a market capitalization of $344.12 million, a PE ratio of 8.48 and a beta of 0.71. The company has a fifty day simple moving average of $36.42 and a 200-day simple moving average of $34.28.

American Business Bank (OTCMKTS:AMBZ) last announced its quarterly earnings results on Monday, July 29th. The financial services provider reported $1.02 earnings per share for the quarter. The firm had revenue of $30.73 million for 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.