GBank Financial (OTCMKTS:GBFH) Shares Up 3.9% - Here's What Happened

Key Points

• GBank Financial Holdings Inc. shares rose by 3.9% during mid-day trading, reaching a price of $40.74, which is an increase from the previous close of $39.21.
• The trading volume dropped significantly, with 18,644 shares traded—a 62% decline from the average session volume of 48,994 shares.
• GBank Financial has a market capitalization of $579.77 million and a price-to-earnings ratio of 29.85.

Shares of GBank Financial Holdings Inc. (OTCMKTS:GBFH - ) shot up 3.9% during mid-day trading on Friday . The company traded as high as $40.74 and last traded at $40.74. 18,644 shares were traded during mid-day trading, a decline of 62% from the average session volume of 48,994 shares. The stock had previously closed at $39.21.

GBank Financial Stock Performance

The firm has a market cap of $579.77 million, a price-to-earnings ratio of 29.85 and a beta of -1.12. The business's 50-day moving average is $39.94 and its 200-day moving average is $38.63.

GBank Financial Company Profile

GBank Financial Holdings Inc operates as a bank holding company for GBank that provides banking services to commercial and consumer customers in Nevada. The company offers business and personal checking and savings accounts. It also provides small business administration loans; commercial real estate, equipment, business term, and medical/professional loans; business lines of credit; accounts receivable/inventory financing services; and credit cards.

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