American Bank (OTCMKTS:AMBK) Shares Up 4.9% – Here’s Why

American Bank Inc. (OTCMKTS:AMBK – Get Free Report)’s stock price traded up 4.9% during mid-day trading on Monday. The stock traded as high as $26.23 and last traded at $26.23. 104 shares changed hands during trading, a decline of 43% from the average session volume of 183 shares. The stock had previously closed at $25.00.

American Bank Price Performance

The stock has a market capitalization of $162.50 million, a PE ratio of 10.76 and a beta of -0.09. The stock’s 50 day moving average price is $23.97 and its 200-day moving average price is $20.26.

American Bank (OTCMKTS:AMBK – Get Free Report) last posted its quarterly earnings results on Friday, October 9th. The company reported $0.68 EPS for the quarter. The business had revenue of $9.41 million for the quarter.

American Bank Company Profile

(Get Free Report)

American Bank (OTC Markets: AMBK) is a community banking company that provides financial services to individuals, families and businesses.

Its banking activities generally include deposit accounts, consumer and commercial lending, residential mortgage services and other traditional banking products. The company also provides customers with access to everyday account-management and payment services.

Publicly available information about American Bank’s operating geography, corporate history and leadership is limited.

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