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Potomac Bancshares (OTCMKTS:PTBS) Share Price Crosses Above 50-Day Moving Average - What's Next?

Potomac Bancshares logo with Finance background

Potomac Bancshares, Inc. (OTCMKTS:PTBS - Get Free Report)'s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $16.80 and traded as high as $17.49. Potomac Bancshares shares last traded at $17.49, with a volume of 700 shares changing hands.

Potomac Bancshares Stock Performance

The firm's 50 day moving average price is $16.87 and its 200-day moving average price is $16.11. The firm has a market capitalization of $70.88 million, a PE ratio of 9.67 and a beta of 0.22.

Potomac Bancshares (OTCMKTS:PTBS - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The company reported $0.53 EPS for the quarter. The business had revenue of $9.18 million during the quarter.

Potomac Bancshares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 8th. Stockholders of record on Thursday, May 1st were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.04%. This is a boost from Potomac Bancshares's previous quarterly dividend of $0.12. Potomac Bancshares's dividend payout ratio is presently 29.38%.

About Potomac Bancshares

(Get Free Report)

Potomac Bancshares, Inc operates as the bank holding company for Bank of Charles Town that provides various banking products and services to individuals and businesses. The company offers checking, savings, and individual retirement accounts; and certificates of deposit (CD). It also provides personal loans, including new and used vehicle, home equity, unsecured home improvement and personal, retail equipment, and lot loans, as well as loans secured by CD, and home equity lines of credit; commercial loans for building or office purchases, commercial real estate and construction, and production and administrative equipment purchases; lines of credit; mortgage, commercial, term, residential and commercial construction, commercial real estate, and agricultural loans; and credit and debit cards.

Further Reading

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