Pacific Alliance Bank (OTCMKTS:PFBN) Stock Price Passes Above 50 Day Moving Average – Here’s Why

Pacific Alliance Bank (OTCMKTS:PFBNGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $8.41 and traded as high as $8.88. Pacific Alliance Bank shares last traded at $8.88, with a volume of 300 shares traded.

Pacific Alliance Bank Price Performance

The company has a 50 day moving average of $8.42 and a 200 day moving average of $8.31.

About Pacific Alliance Bank

(Get Free Report)

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.

Recommended Stories

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