Commonwealth Business Bank (OTCMKTS:CBBI) Stock Price Down 0.6% – Here’s Why

Commonwealth Business Bank (OTCMKTS:CBBI) shares traded down 0.6% on Tuesday . The company traded as low as $10.80 and last traded at $10.84. 900 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 7,716 shares. The stock had previously closed at $10.90.

Commonwealth Business Bank Stock Performance

The company has a market cap of $114.80 million, a price-to-earnings ratio of 6.45 and a beta of 0.15. The stock’s fifty day simple moving average is $11.50 and its two-hundred day simple moving average is $11.17.

Commonwealth Business Bank (OTCMKTS:CBBI) last announced its quarterly earnings results on Friday, January 30th. The company reported $0.42 earnings per share for the quarter. The company had revenue of $17.48 million during the quarter.

Commonwealth Business Bank Company Profile

CBB Bancorp, Inc operates as the holding company for Commonwealth Business Bank that provides various commercial banking products and services to individuals and businesses in the United States. It offers checking, savings, money market, and certification of deposit accounts; SBA lending; business lines of credit; business term loans; business and commercial property loans; construction loans; and credit cards. The company also provides treasury management, and mobile and online banking services, as well as title and escrow services.