Prime Meridian Holding (OTCMKTS:PMHG - Get Free Report) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 200 shares, a growth of 100.0% from the February 13th total of 100 shares. Based on an average daily trading volume, of 5,900 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.
Prime Meridian Price Performance
Shares of OTCMKTS:PMHG remained flat at $29.00 on Tuesday. Prime Meridian has a 1-year low of $20.15 and a 1-year high of $30.99. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.11. The stock's 50-day simple moving average is $28.22 and its 200-day simple moving average is $27.45. The stock has a market cap of $96.40 million, a P/E ratio of 11.33 and a beta of 0.51.
Prime Meridian (OTCMKTS:PMHG - Get Free Report) last issued its earnings results on Thursday, January 30th. The company reported $0.65 EPS for the quarter. Prime Meridian had a net margin of 16.86% and a return on equity of 10.05%.
Prime Meridian Increases Dividend
The business also recently declared an annual dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 7th were given a dividend of $1.00 per share. This is an increase from Prime Meridian's previous annual dividend of $0.25. The ex-dividend date of this dividend was Friday, February 7th. This represents a yield of 3.57%. Prime Meridian's dividend payout ratio is 39.06%.
About Prime Meridian
(
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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.
Further Reading
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