American Business Bank (OTCMKTS:AMBZ) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

American Business Bank (OTCMKTS:AMBZGet Free Report)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $43.96 and traded as high as $46.97. American Business Bank shares last traded at $46.96, with a volume of 2,801 shares changing hands.

American Business Bank Stock Performance

The stock has a fifty day moving average price of $44.03 and a 200-day moving average price of $40.32. The firm has a market cap of $418.60 million, a PE ratio of 9.91 and a beta of 0.72.

American Business Bank (OTCMKTS:AMBZGet Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $1.33 EPS for the quarter.

About American Business Bank

(Get Free Report)

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.

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