Pacific Alliance Bank (OTCMKTS:PFBN – Get Free Report)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $8.43 and traded as high as $8.50. Pacific Alliance Bank shares last traded at $8.50, with a volume of 400 shares changing hands.
Pacific Alliance Bank Trading Up 0.6%
The company’s fifty day simple moving average is $8.43 and its two-hundred day simple moving average is $8.56.
About Pacific Alliance Bank
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.
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