American Bank (OTCMKTS:AMBK) Stock Price Up 5.3% – Time to Buy?

American Bank Inc. (OTCMKTS:AMBKGet Free Report)’s share price shot up 5.3% during trading on Friday . The company traded as high as $23.43 and last traded at $23.43. 100 shares traded hands during mid-day trading, an increase of 6% from the average session volume of 94 shares. The stock had previously closed at $22.25.

American Bank Stock Up 5.3%

The stock has a fifty day moving average of $21.54 and a 200-day moving average of $19.26. The firm has a market capitalization of $148.55 million, a P/E ratio of 10.65 and a beta of -0.08.

American Bank (OTCMKTS:AMBKGet Free Report) last released its earnings results on Thursday, July 9th. The company reported $0.52 EPS for the quarter. The firm had revenue of $8.66 million during the quarter.

American Bank Company Profile

(Get Free Report)

American Bank (OTCMKTS:AMBK) is a U.S. bank holding company that operates through its subsidiary, American Bank. As a community-oriented financial institution, it offers a broad range of commercial and consumer banking products, including deposit accounts, business and personal loans, mortgage financing, and treasury management services.

Serving individual customers, small to mid-sized businesses and nonprofit organizations, American Bank delivers its products through a network of branch locations complemented by digital banking platforms.

Further Reading

Receive News & Ratings for American Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Bank and related companies with MarketBeat.com's FREE daily email newsletter.