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Avidbank (OTCMKTS:AVBH) Stock Price Down 0.7% - What's Next?

Avidbank logo with Finance background

Avidbank Holdings Inc. (OTCMKTS:AVBH - Get Free Report) shares dropped 0.7% during mid-day trading on Wednesday . The stock traded as low as $19.92 and last traded at $19.95. Approximately 1,189 shares traded hands during trading, a decline of 51% from the average daily volume of 2,425 shares. The stock had previously closed at $20.10.

Avidbank Trading Up 0.9%

The stock has a 50 day simple moving average of $20.45 and a 200 day simple moving average of $21.64. The firm has a market capitalization of $161.81 million, a PE ratio of 7.35 and a beta of 0.52.

Avidbank (OTCMKTS:AVBH - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.08. The firm had revenue of $20.52 million during the quarter, compared to the consensus estimate of $20.89 million. As a group, equities analysts anticipate that Avidbank Holdings Inc. will post 2.71 earnings per share for the current year.

Avidbank Company Profile

(Get Free Report)

Avidbank Holdings, Inc operates as a bank holding company for Avidbank that provides financial products and services to businesses and individuals in the Santa Clara, San Mateo, and San Francisco counties. The company offers business and personal deposit products, such as checking, money market, and savings accounts; and certificates of deposit.

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