Pinnacle Bank (OTCMKTS:PBNK) Shares Climb 0.3% – Should You Buy?

Pinnacle Bank (OTCMKTS:PBNK) shares shot up 0.3% during mid-day trading on Monday. The stock traded as high as $18.36 and last traded at $18.36. Approximately 4,000 shares were traded during mid-day trading, an increase of 151% from the average daily volume of 1,596 shares. The stock had previously closed at $18.3025.

Pinnacle Bank Trading Up 0.3%

The company has a market cap of $109.61 million, a P/E ratio of 26.23 and a beta of 0.24. The stock’s 50 day moving average is $18.42 and its 200-day moving average is $17.73.

Pinnacle Bank (OTCMKTS:PBNK) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.25 EPS for the quarter. The company had revenue of $8.19 million for the quarter. Pinnacle Bank had a net margin of 8.42% and a return on equity of 3.88%.

About Pinnacle Bank

Pinnacle Bank is a community banking institution based in Altavista, Virginia. It provides personal and business banking services through a network serving communities in central and southern Virginia.

The bank offers deposit products such as checking and savings accounts, money market accounts, certificates of deposit and individual retirement accounts. Its lending activities include residential and commercial real estate loans, consumer financing, business loans and agricultural lending.