Free Trial

Avidbank (OTCMKTS:AVBH) Trading Up 2.4% - Time to Buy?

Avidbank logo with Finance background

Key Points

  • Avidbank Holdings Inc. (OTCMKTS:AVBH) saw its stock price increase by 2.4% during mid-day trading, reaching a high of $25.86 before last trading at $25.65.
  • The trading volume increased significantly to 68,946 shares, which is a 373% rise compared to the average session volume of 14,568 shares.
  • Avidbank operates as a bank holding company offering various financial products and services in Santa Clara, San Mateo, and San Francisco counties.
  • Five stocks we like better than Avidbank.

Avidbank Holdings Inc. (OTCMKTS:AVBH - Get Free Report) traded up 2.4% during mid-day trading on Monday . The stock traded as high as $25.86 and last traded at $25.65. 68,946 shares were traded during mid-day trading, an increase of 373% from the average session volume of 14,568 shares. The stock had previously closed at $25.05.

Avidbank Stock Performance

The firm has a market capitalization of $269.89 million, a P/E ratio of 9.23 and a beta of 0.59. The firm has a 50 day simple moving average of $22.93 and a two-hundred day simple moving average of $21.89.

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Avidbank Right Now?

Before you consider Avidbank, 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 Avidbank wasn't on the list.

While Avidbank currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.