Pinnacle Bankshares (OTCMKTS:PPBN) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Pinnacle Bankshares Corp. (OTCMKTS:PPBN)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $40.07 and traded as high as $46.10. Pinnacle Bankshares shares last traded at $45.99, with a volume of 1,700 shares trading hands.

Pinnacle Bankshares Stock Performance

The business has a 50 day simple moving average of $40.07 and a 200-day simple moving average of $36.83. The firm has a market capitalization of $102.37 million, a price-to-earnings ratio of 9.50 and a beta of 0.29.

Pinnacle Bankshares (OTCMKTS:PPBN) last announced its quarterly earnings data on Monday, October 27th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter. Pinnacle Bankshares had a net margin of 18.14% and a return on equity of 12.94%. The firm had revenue of $12.27 million during the quarter.

Pinnacle Bankshares Company Profile

Pinnacle Bankshares Corporation operates as the bank holding company for First National Bank that provides a range of commercial and retail banking products and services. The company accepts checking accounts, savings and time deposits, individual retirement accounts, certificates of deposit, and money market accounts.