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

American Business Bank (OTCMKTS:AMBZ) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $42.57 and traded as low as $42.50. American Business Bank shares last traded at $42.55, with a volume of 1,954 shares.

American Business Bank Stock Performance

The stock has a market cap of $389.11 million, a P/E ratio of 9.42 and a beta of 0.72. The firm has a 50 day moving average of $42.70 and a two-hundred day moving average of $37.63.

American Business Bank (OTCMKTS:AMBZ) last posted its quarterly earnings data 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.