Pioneer Bankshares (OTCMKTS:PNBI) Trading 2% Higher – Should You Buy?

Shares of Pioneer Bankshares Inc. (OTCMKTS:PNBI) were up 2% during trading on Thursday . The stock traded as high as $34.80 and last traded at $33.60. Approximately 200 shares were traded during mid-day trading, an increase of 880% from the average daily volume of 20 shares. The stock had previously closed at $32.9255.

Pioneer Bankshares Stock Performance

The company has a market capitalization of $33.94 million, a P/E ratio of 9.44 and a beta of 0.12. The business’s fifty day simple moving average is $32.02 and its 200-day simple moving average is $30.07.

Pioneer Bankshares (OTCMKTS:PNBI) last released its quarterly earnings data on Friday, December 5th. The company reported $1.05 EPS for the quarter. The company had revenue of $3.90 million for the quarter.

Pioneer Bankshares Company Profile

Pioneer Bankshares, Inc is the bank holding company for Pioneer Bank, a locally focused community banking organization serving residents and businesses in the Mid‐Atlantic region. Through its subsidiary, the company provides a full suite of commercial and retail banking services, including checking and savings accounts, certificates of deposit, and money market instruments. Pioneer Bank’s commercial lending portfolio encompasses commercial real estate, construction, equipment financing, and operating lines of credit tailored to small‐ and medium‐size enterprises.

In addition to traditional deposit and lending products, Pioneer Bankshares offers a range of treasury management and cash‐management services designed to help businesses optimize liquidity and streamline receivables and payables.