American Business Bank (OTCMKTS:AMBZ) Stock Crosses Above 50-Day Moving Average – Time to Sell?

American Business Bank (OTCMKTS:AMBZ)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $44.66 and traded as high as $44.97. American Business Bank shares last traded at $44.97, with a volume of 151 shares changing hands.

American Business Bank Stock Performance

The company has a market cap of $406.70 million, a price-to-earnings ratio of 9.68 and a beta of 0.74. The business’s 50 day simple moving average is $44.71 and its 200-day simple moving average is $42.13.

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

American Business Bank Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, February 24th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date of this dividend was Monday, February 24th. American Business Bank’s payout ratio is 21.55%.

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.