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Avidbank (OTCMKTS:AVBH) Stock Price Down 0% - Time to Sell?

Avidbank logo with Finance background

Avidbank Holdings, Inc. (OTCMKTS:AVBH - Get Free Report) shares were down 0% during mid-day trading on Thursday . The stock traded as low as $23.25 and last traded at $23.38. Approximately 823 shares changed hands during trading, a decline of 88% from the average daily volume of 7,012 shares. The stock had previously closed at $23.39.

Wall Street Analyst Weigh In

Several analysts recently issued reports on AVBH shares. Janney Montgomery Scott upgraded Avidbank from a "neutral" rating to a "buy" rating and set a $26.00 target price on the stock in a report on Tuesday, November 12th. Piper Sandler upped their target price on Avidbank from $24.00 to $25.00 and gave the company an "overweight" rating in a research report on Wednesday, January 29th.

Get Our Latest Analysis on AVBH

Avidbank Trading Down 0.0 %

The company has a market capitalization of $184.73 million, a P/E ratio of 11.24 and a beta of 0.69. The stock has a 50 day moving average price of $22.16 and a 200 day moving average price of $20.93.

Avidbank (OTCMKTS:AVBH - Get Free Report) last issued its earnings results on Monday, January 27th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.67 by $0.17. On average, research analysts predict that Avidbank Holdings, Inc. will post 2.71 EPS for the current year.

About Avidbank

(Get Free Report)

Avidbank Holdings, Inc operates as a bank holding company for Avidbank that provides financial products and services to businesses and individuals in the Santa Clara, San Mateo, and San Francisco counties. The company offers business and personal deposit products, such as checking, money market, and savings accounts; and certificates of deposit.

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