American Bank (OTCMKTS:AMBK) Stock Price Down 0.8% – Time to Sell?

American Bank Inc. (OTCMKTS:AMBK) was down 0.8% on Friday . The stock traded as low as $17.76 and last traded at $17.76. Approximately 843 shares were traded during mid-day trading, an increase of 293% from the average daily volume of 215 shares. The stock had previously closed at $17.91.

American Bank Stock Down 0.8%

The firm has a market cap of $116.86 million, a price-to-earnings ratio of 8.46 and a beta of 0.01. The company’s 50-day moving average price is $17.27 and its 200-day moving average price is $16.49.

American Bank (OTCMKTS:AMBK) last announced its quarterly earnings data on Thursday, January 15th. The company reported $0.58 earnings per share for the quarter. The business had revenue of $8.70 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.