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Prime Meridian (OTCMKTS:PMHG) Stock Price Up 0.8% - Still a Buy?

Prime Meridian logo with Finance background

Prime Meridian Holding (OTCMKTS:PMHG - Get Free Report) shares rose 0.8% during mid-day trading on Monday . The stock traded as high as $25.71 and last traded at $25.71. Approximately 225 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 2,057 shares. The stock had previously closed at $25.50.

Prime Meridian Stock Up 0.8 %

The stock has a market capitalization of $84.69 million, a price-to-earnings ratio of 10.28 and a beta of 0.51. The firm's fifty day moving average is $24.66 and its 200-day moving average is $23.38. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.94 and a quick ratio of 0.94.

Prime Meridian (OTCMKTS:PMHG - Get Free Report) last posted its quarterly earnings results on Friday, August 9th. The company reported $0.54 earnings per share (EPS) for the quarter. Prime Meridian had a net margin of 16.71% and a return on equity of 9.58%. The firm had revenue of $7.92 million for the quarter.

Prime Meridian Company Profile

(Get Free Report)

Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company accepts various deposits, such as checking, money market, savings, term certificate of deposit, demand interest-bearing and noninterest-bearing, health savings, NOW, and escrow accounts, as well as retirement savings plans and time deposits.

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