Pinnacle Bankshares (OTCMKTS:PPBN) Stock Price Passes Above 50-Day Moving Average - Here's Why

Key Points

• Pinnacle Bankshares stock crossed above its 50-day moving average of $46.69, trading as high as $48.75 and last at $48.48 on a volume of 4,650 shares.
• The company has a market cap of $104.57 million, a P/E of 10.02 and beta of 0.25, and it reported quarterly EPS of $1.27 on $12.27 million in revenue with ROE 12.56% and a net margin of 18.24%.
• Pinnacle Bankshares is the bank holding company for First National Bank, providing a range of commercial and retail banking products including mortgages, consumer and agricultural loans, and deposit accounts.

Shares of Pinnacle Bankshares Corp. (OTCMKTS:PPBN - Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $46.69 and traded as high as $48.75. Pinnacle Bankshares shares last traded at $48.48, with a volume of 4,650 shares traded.

Pinnacle Bankshares Trading Down 0.8%

The stock has a market cap of $104.57 million, a P/E ratio of 10.02 and a beta of 0.25. The firm has a 50-day simple moving average of $46.69 and a two-hundred day simple moving average of $43.43.

Pinnacle Bankshares (OTCMKTS:PPBN - Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $1.27 earnings per share for the quarter. The firm had revenue of $12.27 million for the quarter. Pinnacle Bankshares had a return on equity of 12.56% and a net margin of 18.24%.

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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