Prime Meridian Holding Company (OTCMKTS:PMHG - Get Free Report) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 800 shares, a drop of 33.3% from the June 30th total of 1,200 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 5,000 shares, the short-interest ratio is currently 0.2 days.
Prime Meridian Price Performance
Shares of OTCMKTS PMHG traded down $0.25 during mid-day trading on Wednesday, hitting $49.75. 2,776 shares of the stock traded hands, compared to its average volume of 1,829. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.96 and a quick ratio of 0.95. Prime Meridian has a twelve month low of $22.76 and a twelve month high of $54.00. The company has a market cap of $167.66 million, a PE ratio of 20.06 and a beta of 0.16. The firm has a 50 day simple moving average of $49.03 and a two-hundred day simple moving average of $38.52.
Prime Meridian (OTCMKTS:PMHG - Get Free Report) last issued its quarterly earnings data on Friday, July 25th. The company reported $0.41 EPS for the quarter. The firm had revenue of $8.90 million during the quarter. Prime Meridian had a return on equity of 9.35% and a net margin of 15.55%.
About Prime Meridian
(
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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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