Potomac Bancshares (OTCMKTS:PTBS) Shares Cross Above 50 Day Moving Average – Here’s Why

Shares of Potomac Bancshares, Inc. (OTCMKTS:PTBS) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $19.31 and traded as high as $19.88. Potomac Bancshares shares last traded at $19.88, with a volume of 457 shares changing hands.

Potomac Bancshares Stock Performance

The business has a 50-day moving average price of $19.31 and a two-hundred day moving average price of $18.70.

Potomac Bancshares (OTCMKTS:PTBS) last released its earnings results on Thursday, January 29th. The company reported $0.52 earnings per share (EPS) for the quarter. The company had revenue of $10.83 million during the quarter.

About Potomac Bancshares

Potomac Bancshares, Inc serves as the bank holding company for Potomac Bank, a community-focused financial institution headquartered in McLean, Virginia. The company’s primary business activities include accepting deposits, extending credit, and providing payment and treasury management solutions. Deposit offerings encompass checking, savings, money market, and certificate accounts, while lending products cover commercial real estate, construction, commercial and industrial, and consumer loans.

Potomac Bank emphasizes relationship-driven banking, tailoring its services to small and mid-sized businesses, nonprofit organizations, and local government agencies.