Friendly Hills Bancorp (OTCMKTS:FHLB) Trading Up 0.1% – Still a Buy?

Friendly Hills Bancorp (OTCMKTS:FHLB) shot up 0.1% on Wednesday . The stock traded as high as $7.30 and last traded at $7.28. 12,200 shares were traded during mid-day trading, an increase of 474% from the average daily volume of 2,126 shares. The stock had previously closed at $7.2750.

Friendly Hills Bancorp Price Performance

The company has a debt-to-equity ratio of 1.58, a current ratio of 0.86 and a quick ratio of 0.89. The company has a market capitalization of $30.36 million, a PE ratio of -33.09 and a beta of 0.68. The stock’s 50 day simple moving average is $5.81 and its 200-day simple moving average is $5.40.

Friendly Hills Bancorp Company Profile

Friendly Hills Bancorp is a bank holding company headquartered in Duarte, California, that operates under the federal ticker OTCMKTS:FHLB. Its primary purpose is to serve as the parent of Friendly Hills Bank, a state-chartered bank offering a full suite of commercial and consumer banking services.

Through its subsidiary, the company provides deposit products such as checking, savings and money market accounts, along with certificates of deposit. On the lending side, Friendly Hills Bank extends commercial real estate financing, residential mortgage loans, small business (including SBA) lending and consumer loans.