American Business Bank (OTCMKTS:AMBZ) Stock Price Down 0.4% – Here’s Why

American Business Bank (OTCMKTS:AMBZ)’s share price fell 0.4% during mid-day trading on Thursday . The stock traded as low as $43.52 and last traded at $43.91. 2,805 shares changed hands during 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 firm has a market cap of $403.22 million, a PE ratio of 9.76 and a beta of 0.72. The business’s 50-day simple moving average is $42.31 and its 200 day simple moving average is $37.23.

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