American Bank (OTCMKTS:AMBK) Trading 0.3% Higher – Here’s Why

American Bank Inc. (OTCMKTS:AMBK)’s stock price was up 0.3% during trading on Wednesday . The stock traded as high as $18.30 and last traded at $18.30. Approximately 200 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 362 shares. The stock had previously closed at $18.25.

American Bank Stock Performance

The company’s 50 day moving average price is $18.00 and its 200 day moving average price is $17.47. The company has a market cap of $120.38 million, a price-to-earnings ratio of 7.85 and a beta of -0.05.

American Bank (OTCMKTS:AMBK) last issued its earnings results on Thursday, April 9th. The company reported $0.59 EPS for the quarter. The firm had revenue of $9.19 million during the quarter.

About American Bank

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.