Pacific Alliance Bank (OTCMKTS:PFBN) Trading 3.1% Higher – Should You Buy?

Pacific Alliance Bank (OTCMKTS:PFBN)’s stock price was up 3.1% during mid-day trading on Thursday . The company traded as high as $8.25 and last traded at $8.25. Approximately 450 shares changed hands during trading, an increase of 543% from the average daily volume of 70 shares. The stock had previously closed at $8.00.

Pacific Alliance Bank Price Performance

The firm has a fifty day moving average of $8.10 and a 200 day moving average of $8.35.

Pacific Alliance Bank Company Profile

Pacific Alliance Bank is a full-service commercial bank headquartered in Los Angeles, California. Established in 2001, the institution specializes in serving small to medium-sized businesses, with a particular focus on facilitating cross-border trade between the United States and Asian markets. Through its parent holding company, Pacific Alliance Bancorp, the bank has developed expertise in trade finance and foreign exchange services designed to support importers and exporters.

The bank’s product portfolio includes business deposit accounts, cash management solutions, commercial real estate lending, lines of credit and construction financing.