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American Business Bank (OTCMKTS:AMBZ) Shares Pass Below Fifty Day Moving Average - Time to Sell?

American Business Bank logo with Finance background

American Business Bank (OTCMKTS:AMBZ - Get Free Report)'s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $42.38 and traded as low as $42.30. American Business Bank shares last traded at $42.59, with a volume of 10,592 shares changing hands.

American Business Bank Stock Performance

The firm's 50-day moving average is $42.38 and its two-hundred day moving average is $43.56. The stock has a market cap of $381.61 million, a P/E ratio of 8.91 and a beta of 0.42.

American Business Bank (OTCMKTS:AMBZ - Get Free Report) last released its earnings results on Monday, April 28th. The financial services provider reported $1.27 EPS for the quarter. The firm had revenue of $36.33 million during the quarter.

American Business Bank Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, June 17th. Shareholders of record on Thursday, May 8th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a yield of 2.33%. American Business Bank's dividend payout ratio is currently 20.92%.

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.

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