Prime Meridian (OTCMKTS:PMHG) Shares Down 3.4% – What’s Next?

Prime Meridian Holding Company (OTCMKTS:PMHGGet Free Report)’s stock price fell 3.4% during mid-day trading on Tuesday . The stock traded as low as $56.00 and last traded at $56.00. Approximately 27,880 shares changed hands during trading, an increase of 153% from the average session volume of 11,006 shares. The stock had previously closed at $58.00.

Prime Meridian Stock Performance

The stock has a 50-day simple moving average of $57.96 and a 200 day simple moving average of $57.77. The stock has a market capitalization of $190.68 million, a P/E ratio of 22.58 and a beta of 0.06.

About Prime Meridian

(Get Free Report)

Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company accepts various deposits, such as checking, money market, savings, term certificate of deposit, demand interest-bearing and noninterest-bearing, health savings, NOW, and escrow accounts, as well as retirement savings plans and time deposits. Its loan products include commercial real estate, residential real estate and home equity, small business administration, construction, equipment, and commercial loans; and consumer and other loans comprising financing of automobiles, boats, and recreational vehicles, as well as issues standby letters and business lines of credit.

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