GBank Financial (OTCMKTS:GBFH) Trading Up 0.7% - Here's Why

Key Points

• GBank Financial Holdings Inc. (OTCMKTS:GBFH) experienced a 0.7% increase in stock price, trading at $40.28 after reaching a high of $40.61 during the day.
• The stock's trading volume was approximately 23,121 shares, significantly lower than its average daily volume of 50,376 shares, indicating a 54% decline in trading activity.
• GBank operates as a bank holding company offering various banking services including personal and business accounts, loans, and financing services primarily to customers in Nevada.

GBank Financial Holdings Inc. (OTCMKTS:GBFH - )'s stock price was up 0.7% during mid-day trading on Thursday . The stock traded as high as $40.61 and last traded at $40.28. Approximately 23,121 shares changed hands during trading, a decline of 54% from the average daily volume of 50,376 shares. The stock had previously closed at $40.00.

GBank Financial Price Performance

The company has a fifty day moving average of $39.79 and a 200-day moving average of $38.14. The firm has a market capitalization of $575.20 million, a PE ratio of 29.62 and a beta of -1.08.

About GBank Financial

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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