American Business Bank (OTCMKTS:AMBZ) Shares Pass Below 50-Day Moving Average – Here’s What Happened

American Business Bank (OTCMKTS:AMBZ) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $43.17 and traded as low as $42.61. American Business Bank shares last traded at $43.50, with a volume of 4,865 shares trading hands.

American Business Bank Stock Down 0.1 %

The business’s fifty day moving average is $43.17 and its two-hundred day moving average is $38.08. The stock has a market cap of $395.94 million, a price-to-earnings ratio of 9.58 and a beta of 0.72.

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