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Prime Meridian (OTCMKTS:PMHG) Stock Price Up 0.2% - Still a Buy?

Prime Meridian logo with Finance background

Key Points

  • Prime Meridian Holding Company (PMHG) stock rose 0.2% to $52.35, with significant trading volume of approximately 74,987 shares, marking an increase of 1,417% from its average daily volume.
  • The company reported $0.41 earnings per share with a net margin of 15.55% and revenue of $8.90 million for the latest quarter.
  • Prime Meridian operates as a bank holding company that provides a range of consumer and commercial banking services to individuals and businesses.
  • Interested in Prime Meridian? Here are five stocks we like better.

Prime Meridian Holding Company (OTCMKTS:PMHG - Get Free Report) rose 0.2% on Tuesday . The stock traded as high as $53.00 and last traded at $52.35. Approximately 74,987 shares were traded during mid-day trading, an increase of 1,417% from the average daily volume of 4,942 shares. The stock had previously closed at $52.25.

Prime Meridian Stock Up 0.2%

The company's fifty day moving average is $50.45 and its two-hundred day moving average is $46.21. The firm has a market capitalization of $176.68 million, a price-to-earnings ratio of 21.11 and a beta of 0.17.

Prime Meridian (OTCMKTS:PMHG - Get Free Report) last announced its quarterly earnings data on Friday, July 25th. The company reported $0.41 earnings per share for the quarter. Prime Meridian had a net margin of 15.55% and a return on equity of 9.25%. The business had revenue of $8.90 million for the quarter.

About Prime Meridian

(Get Free Report)

Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company accepts various deposits, such as checking, money market, savings, term certificate of deposit, demand interest-bearing and noninterest-bearing, health savings, NOW, and escrow accounts, as well as retirement savings plans and time deposits.

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