Mission Valley Bancorp (OTCMKTS:MVLY) Shares Down 2.1% – Time to Sell?

Shares of Mission Valley Bancorp (OTCMKTS:MVLY) dropped 2.1% during trading on Thursday. The company traded as low as $20.96 and last traded at $20.96. Approximately 400 shares traded hands during trading, an increase of 13% from the average daily volume of 353 shares. The stock had previously closed at $21.40.

Mission Valley Bancorp Price Performance

The business’s 50-day simple moving average is $21.69 and its two-hundred day simple moving average is $19.72. The stock has a market capitalization of $70.22 million, a price-to-earnings ratio of 9.11 and a beta of 0.13.

Mission Valley Bancorp (OTCMKTS:MVLY) last posted its earnings results on Friday, July 31st. The company reported $0.54 earnings per share (EPS) for the quarter. The company had revenue of $10.70 million during the quarter.

Mission Valley Bancorp Company Profile

Mission Valley Bancorp is a bank holding company whose principal subsidiary is Mission Valley Bank, a community bank serving businesses, professionals and individuals in Southern California. The bank provides commercial banking services through relationship-based banking and focuses on the financial needs of privately owned companies and local communities.

Its products and services include business checking and savings accounts, commercial and industrial loans, commercial real estate financing, construction loans, small business lending, lines of credit, personal banking products and cash-management services.