Shares of Prime Meridian Holding Company (OTCMKTS:PMHG – Get Free Report) dropped 3.4% on Tuesday . The stock traded as low as $56.00 and last traded at $56.00. 27,880 shares were traded during mid-day trading, an increase of 153% from the average daily volume of 11,006 shares. The stock had previously closed at $58.00.
Prime Meridian Stock Performance
The firm has a market cap of $190.68 million, a P/E ratio of 22.58 and a beta of 0.06. The company has a 50-day moving average of $57.96 and a 200 day moving average of $57.77.
About Prime Meridian
Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company accepts various deposits, such as checking, money market, savings, term certificate of deposit, demand interest-bearing and noninterest-bearing, health savings, NOW, and escrow accounts, as well as retirement savings plans and time deposits. Its loan products include commercial real estate, residential real estate and home equity, small business administration, construction, equipment, and commercial loans; and consumer and other loans comprising financing of automobiles, boats, and recreational vehicles, as well as issues standby letters and business lines of credit.
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