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Avidbank (OTCMKTS:AVBH) Trading 1.8% Higher - Still a Buy?

Avidbank logo with Finance background

Avidbank Holdings Inc. (OTCMKTS:AVBH - Get Free Report) shares were up 1.8% on Wednesday . The stock traded as high as $21.53 and last traded at $21.53. Approximately 100 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 2,541 shares. The stock had previously closed at $21.15.

Avidbank Price Performance

The company has a market cap of $179.12 million, a PE ratio of 8.13 and a beta of 0.52. The stock's 50-day moving average is $20.43 and its 200 day moving average is $21.56.

Avidbank (OTCMKTS:AVBH - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.08. The company had revenue of $20.52 million for the quarter, compared to analyst estimates of $20.89 million. On average, analysts expect that Avidbank Holdings Inc. will post 2.71 EPS for the current year.

About Avidbank

(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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