American Business Bank (OTCMKTS:AMBZ - Get Free Report) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totalling 100 shares, a drop of 50.0% from the April 30th total of 200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 21,400 shares, the short-interest ratio is currently 0.0 days.
American Business Bank Stock Performance
American Business Bank stock traded down $0.02 during mid-day trading on Tuesday, hitting $42.47. 18,568 shares of the company traded hands, compared to its average volume of 8,298. American Business Bank has a one year low of $29.75 and a one year high of $46.99. The stock has a fifty day moving average price of $42.53 and a 200-day moving average price of $43.69. The stock has a market cap of $382.15 million, a price-to-earnings ratio of 9.15 and a beta of 0.41.
American Business Bank (OTCMKTS:AMBZ - Get Free Report) last announced its quarterly 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 for the quarter.
American Business Bank Dividend Announcement
The firm also recently announced a dividend, which will be paid on Tuesday, June 17th. Investors of record on Thursday, May 8th will be given a $0.25 dividend. This represents a yield of 2.33%. The ex-dividend date is Wednesday, May 7th. American Business Bank's dividend payout ratio is currently 20.92%.
American Business Bank Company Profile
(
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.
Further Reading
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
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
