First National Bank Alaska (OTCMKTS:FBAK) Shares Gap Down - Here's Why

Key Points

• Shares of First National Bank Alaska opened lower on Monday, with a gap down from a previous close of $265.00 to $257.01, before last trading at $260.56.
• The company's shares have experienced a 1.7% decline and it holds a market capitalization of approximately $825.19 million.
• First National Bank Alaska operates as a commercial bank offering a wide range of financial services including personal, home equity, and construction loans primarily in Alaska.

Shares of First National Bank Alaska (OTCMKTS:FBAK - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $265.00, but opened at $257.01. First National Bank Alaska shares last traded at $260.56, with a volume of 6 shares trading hands.

First National Bank Alaska Price Performance

The firm has a market capitalization of $830.41 million, a P/E ratio of 11.64 and a beta of 0.32. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a 50-day moving average of $260.90 and a 200-day moving average of $244.78.

About First National Bank Alaska

First National Bank Alaska, a commercial bank, provides various banking products and services for business, industry, and individual customers primarily in Alaska. The company offers savings and checking accounts; money market deposits; safe deposit services; certificates of deposit; individual retirement accounts; and personal, home equity, and construction loans, as well as loans for stability and growth.