Shares of Avidbank Holdings, Inc. (OTCMKTS:AVBH - Get Free Report) rose 1.6% during trading on Tuesday . The stock traded as high as $23.00 and last traded at $23.00. Approximately 150 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 5,126 shares. The stock had previously closed at $22.63.
Analysts Set New Price Targets
Separately, Piper Sandler lifted their price target on shares of Avidbank from $24.00 to $25.00 and gave the stock an "overweight" rating in a report on Wednesday, January 29th.
Check Out Our Latest Stock Report on AVBH
Avidbank Trading Down 6.8 %
The company has a market capitalization of $166.79 million, a price-to-earnings ratio of 10.09 and a beta of 0.66. The stock has a 50-day simple moving average of $23.09 and a 200-day simple moving average of $21.65.
Avidbank (OTCMKTS:AVBH - Get Free Report) last issued its quarterly earnings results on Monday, January 27th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.67 by $0.17. On average, research analysts forecast 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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