American Business Bank (OTCMKTS:AMBZ) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

American Business Bank (OTCMKTS:AMBZ) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $44.17 and traded as high as $46.97. American Business Bank shares last traded at $45.70, with a volume of 6,471 shares changing hands.

American Business Bank Stock Performance

The stock has a market capitalization of $415.87 million, a price-to-earnings ratio of 9.85 and a beta of 0.72. The firm has a fifty day moving average of $44.17 and a 200-day moving average of $40.68.

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

American Business Bank Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, February 24th will be given a $0.25 dividend. The ex-dividend date is Monday, February 24th. This represents a $1.00 dividend on an annualized basis and a yield of 2.19%.

About American Business Bank

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.