Free Trial

Prime Meridian Holding (OTCMKTS:PMHG) Short Interest Up 200.0% in April

Prime Meridian logo with Finance background

Prime Meridian Holding (OTCMKTS:PMHG - Get Free Report) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 300 shares, an increase of 200.0% from the March 31st total of 100 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 4,400 shares, the short-interest ratio is currently 0.1 days.

Prime Meridian Stock Performance

PMHG traded down $0.24 during midday trading on Friday, reaching $48.75. The company had a trading volume of 772 shares, compared to its average volume of 4,882. The business has a 50-day moving average price of $30.30 and a two-hundred day moving average price of $28.80. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.95 and a current ratio of 0.96. Prime Meridian has a 12-month low of $21.00 and a 12-month high of $54.00. The stock has a market cap of $162.48 million, a PE ratio of 19.04 and a beta of 0.28.

Prime Meridian (OTCMKTS:PMHG - Get Free Report) last announced its quarterly earnings data on Monday, April 21st. The company reported $0.64 earnings per share for the quarter. The business had revenue of $8.41 million during the quarter. Prime Meridian had a return on equity of 10.05% and a net margin of 16.86%.

About Prime Meridian

(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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Prime Meridian Right Now?

Before you consider Prime Meridian, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Prime Meridian wasn't on the list.

While Prime Meridian currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Make Your Money Work Harder: The Power of Dividend Investing
7 Cybersecurity Stocks Outperforming the Market Right Now
Markets in Rally Mode: Will Earnings Keep It Going?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines