American Business Bank (OTCMKTS:AMBZ - Get Free Report) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $43.70 and traded as low as $40.33. American Business Bank shares last traded at $40.80, with a volume of 2,552 shares changing hands.
American Business Bank Price Performance
The firm has a fifty day simple moving average of $43.40 and a 200 day simple moving average of $43.29. The company has a market capitalization of $379.72 million, a price-to-earnings ratio of 9.05 and a beta of 0.47.
American Business Bank (OTCMKTS:AMBZ - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The financial services provider reported $1.27 EPS for the quarter.
American Business Bank Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, February 24th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date was Monday, February 24th. American Business Bank's dividend payout ratio is presently 21.55%.
About American Business Bank
(
Get Free Report)
American Business Bank, a California-chartered bank, provides banking products and services to small and medium-sized firms, non-profits, business executives, and professionals in Southern California. The company offers credit and depository; treasury management; asset-based lending; SBA lending; international banking comprising money transfers, import and export commercial letters of credit, standby letters of credit, documentary and clean collections, and foreign currency exchange services; and consulting and referral services.
Featured Articles
Before you consider American Business Bank, 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 American Business Bank wasn't on the list.
While American Business Bank currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.