Friendly Hills Bancorp (OTCMKTS:FHLB) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

Friendly Hills Bancorp (OTCMKTS:FHLB) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $5.22 and traded as high as $5.57. Friendly Hills Bancorp shares last traded at $5.55, with a volume of 1,601 shares changing hands.

Friendly Hills Bancorp Stock Down 1.1%

The company has a current ratio of 0.86, a quick ratio of 0.89 and a debt-to-equity ratio of 1.58. The business’s fifty day simple moving average is $5.23 and its 200 day simple moving average is $5.20. The stock has a market cap of $23.15 million, a price-to-earnings ratio of -25.23 and a beta of 0.68.

About Friendly Hills Bancorp

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.