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Potomac Bancshares (OTCMKTS:PTBS) Stock Crosses Above Fifty Day Moving Average - Here's Why

Potomac Bancshares logo with Finance background

Potomac Bancshares, Inc. (OTCMKTS:PTBS - Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $14.85 and traded as high as $16.50. Potomac Bancshares shares last traded at $16.50, with a volume of 1,936 shares traded.

Potomac Bancshares Trading Up 3.3 %

The business has a 50-day moving average price of $14.89 and a 200-day moving average price of $14.66. The firm has a market cap of $68.31 million, a P/E ratio of 10.51 and a beta of 0.13.

Potomac Bancshares (OTCMKTS:PTBS - Get Free Report) last announced its earnings results on Monday, November 4th. The company reported $0.42 earnings per share for the quarter. The firm had revenue of $8.71 million during the quarter.

Potomac Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Friday, November 1st were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.91%. The ex-dividend date was Friday, November 1st. Potomac Bancshares's dividend payout ratio (DPR) is presently 30.57%.

Potomac Bancshares Company Profile

(Get Free Report)

Potomac Bancshares, Inc operates as the bank holding company for Bank of Charles Town that provides various banking products and services to individuals and businesses. The company offers checking, savings, and individual retirement accounts; and certificates of deposit (CD). It also provides personal loans, including new and used vehicle, home equity, unsecured home improvement and personal, retail equipment, and lot loans, as well as loans secured by CD, and home equity lines of credit; commercial loans for building or office purchases, commercial real estate and construction, and production and administrative equipment purchases; lines of credit; mortgage, commercial, term, residential and commercial construction, commercial real estate, and agricultural loans; and credit and debit cards.

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