Friendly Hills Bancorp (OTCMKTS:FHLB) Shares Down 3.9% – Time to Sell?

Friendly Hills Bancorp (OTCMKTS:FHLBGet Free Report)’s share price was down 3.9% during mid-day trading on Wednesday . The company traded as low as $7.40 and last traded at $7.40. 984 shares traded hands during trading, a decline of 54% from the average daily volume of 2,126 shares. The stock had previously closed at $7.70.

Friendly Hills Bancorp Stock Down 3.9%

The firm has a market cap of $30.87 million, a P/E ratio of -33.64 and a beta of 0.68. The company’s 50-day simple moving average is $6.48 and its 200 day simple moving average is $5.65. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.86 and a quick ratio of 0.89.

About Friendly Hills Bancorp

(Get Free Report)

Friendly Hills Bancorp is a bank holding company headquartered in Duarte, California, that operates under the federal ticker OTCMKTS:FHLB. Its primary purpose is to serve as the parent of Friendly Hills Bank, a state-chartered bank offering a full suite of commercial and consumer banking services.

Through its subsidiary, the company provides deposit products such as checking, savings and money market accounts, along with certificates of deposit. On the lending side, Friendly Hills Bank extends commercial real estate financing, residential mortgage loans, small business (including SBA) lending and consumer loans.

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