Pinnacle Bankshares (OTCMKTS:PPBN) Shares Pass Above Fifty Day Moving Average - Here's What Happened

Key Points

• Pinnacle Bankshares passed above its 50-day moving average, trading as high as $51.70 (50-day SMA $47.66, 200-day SMA $44.46) and was up about 1.9% on light volume (300 shares).
• Solid recent fundamentals: market cap $111.67M, P/E 9.92, beta 0.27; last quarter EPS $1.39 with a 13.27% ROE, 19.32% net margin and $12.27M in revenue.

Pinnacle Bankshares Corp. (OTCMKTS:PPBN - Get Free Report)'s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $47.66 and traded as high as $51.70. Pinnacle Bankshares shares last traded at $51.70, with a volume of 300 shares traded.

Pinnacle Bankshares Stock Up 1.9%

The stock has a 50-day simple moving average of $47.66 and a 200-day simple moving average of $44.46. The firm has a market capitalization of $111.67 million, a PE ratio of 9.92 and a beta of 0.27.

Pinnacle Bankshares (OTCMKTS:PPBN - Get Free Report) last released its earnings results on Tuesday, April 28th. The financial services provider reported $1.39 earnings per share (EPS) for the quarter. Pinnacle Bankshares had a return on equity of 13.27% and a net margin of 19.32%.The business had revenue of $12.27 million during the quarter.

About Pinnacle Bankshares

Pinnacle Bankshares Corporation operates as the bank holding company for First National Bank that provides a range of commercial and retail banking products and services. The company accepts checking accounts, savings and time deposits, individual retirement accounts, certificates of deposit, and money market accounts. Its loan products include residential and commercial mortgage loans, home equity loans, consumer installment loans, agricultural loans, investment loans, small business loans, commercial lines of credit, and letters of credit.

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