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American Business Bank (OTCMKTS:AMBZ) Shares Pass Above 50 Day Moving Average - Here's What Happened

American Business Bank logo with Finance background

American Business Bank (OTCMKTS:AMBZ - Get 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.

American Business Bank Price Performance

The firm's 50 day moving average price is $44.03 and its 200-day moving average price is $40.40. The firm has a market cap of $418.60 million, a price-to-earnings ratio of 9.91 and a beta of 0.72.

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

About American Business Bank

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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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