American Business Bank (OTCMKTS:AMBZ) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

American Business Bank (OTCMKTS:AMBZ) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $43.74 and traded as low as $43.00. American Business Bank shares last traded at $43.61, with a volume of 19,577 shares changing hands.

American Business Bank Trading Down 1.3 %

The stock has a market capitalization of $396.85 million, a P/E ratio of 9.61 and a beta of 0.72. The business has a 50-day moving average price of $43.74 and a two-hundred day moving average price of $39.19.

American Business Bank (OTCMKTS:AMBZ) last posted its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $1.16 EPS for the quarter. The company 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.