American Business Bank (OTCMKTS:AMBZ) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Monday.

Shares of American Business Bank (OTCMKTS AMBZ) opened at 38.00 on Monday. American Business Bank has a 52-week low of $25.91 and a 52-week high of $39.65. The company has a 50 day moving average of $39.78 and a 200 day moving average of $41.25. The firm has a market capitalization of $285.57 million, a PE ratio of 21.84 and a beta of 0.34.

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American Business Bank Company Profile

American Business Bank is engaged in business banking. The Bank offers a range of financial services to the business marketplace. Its clients include wholesalers, manufacturers, service businesses, professionals and non-profits. The Bank operates approximately four loan production offices in areas, including Orange County Office in Irvine, South Bay Office in Torrance, San Fernando Valley Office in the Warner Center and Inland Empire Office in Ontario.

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