Pioneer Bankshares (OTCMKTS:PNBI) Stock Jumps 0.5% – Here’s What Happened

Shares of Pioneer Bankshares Inc. (OTCMKTS:PNBI – Get Free Report) shot up 0.5% on Friday. The company traded as high as $50.50 and last traded at $50.50. 200 shares were traded during mid-day trading, a decline of 28% from the average session volume of 277 shares. The stock had previously closed at $50.25.

Pioneer Bankshares Price Performance

The firm has a fifty day simple moving average of $50.54 and a 200 day simple moving average of $43.15. The company has a market cap of $51.01 million, a price-to-earnings ratio of 12.69 and a beta of 0.16.

Pioneer Bankshares Company Profile

(Get Free Report)

Pioneer Bankshares, Inc is a Virginia-based bank holding company whose principal subsidiary is Pioneer Bank. The company provides community banking services to individuals, families and businesses through traditional banking offices and digital channels.

Pioneer Bank’s products and services generally include checking and savings accounts, certificates of deposit, consumer and mortgage loans, commercial lending, home equity financing and online banking services. The bank also offers treasury and cash-management services designed to support local businesses and organizations.

Headquartered in Stanley, Virginia, Pioneer Bank has historically focused on serving communities in Virginia’s Shenandoah Valley and surrounding areas.

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