Prime Meridian Holding (OTCMKTS:PMHG - Get Free Report) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 1,100 shares, a growth of 450.0% from the February 28th total of 200 shares. Based on an average trading volume of 8,100 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company's stock are short sold.
Prime Meridian Stock Down 0.0 %
PMHG traded down $0.01 on Friday, hitting $28.75. The company had a trading volume of 4,500 shares, compared to its average volume of 4,656. The stock has a market capitalization of $95.62 million, a price-to-earnings ratio of 11.23 and a beta of 0.51. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.95 and a current ratio of 0.96. The stock has a fifty day moving average price of $28.43 and a 200-day moving average price of $27.70. Prime Meridian has a 12-month low of $21.00 and a 12-month high of $30.99.
Prime Meridian (OTCMKTS:PMHG - Get Free Report) last announced its earnings results on Thursday, January 30th. The company reported $0.65 earnings per share 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. Shareholders of record on Friday, February 7th were paid a dividend of $1.00 per share. This is a positive change from Prime Meridian's previous annual dividend of $0.25. The ex-dividend date was Friday, February 7th. This represents a yield of 3.57%. Prime Meridian's dividend payout ratio is presently 39.06%.
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.
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