Friendly Hills Bancorp (OTCMKTS:FHLB) Trading Up 0.2% – Here’s Why

Friendly Hills Bancorp (OTCMKTS:FHLB) was up 0.2% during mid-day trading on Monday . The stock traded as high as $5.20 and last traded at $5.11. Approximately 4,858 shares traded hands during trading, an increase of 129% from the average daily volume of 2,126 shares. The stock had previously closed at $5.10.

Friendly Hills Bancorp Stock Up 0.2%

The stock has a market capitalization of $21.31 million, a P/E ratio of -23.23 and a beta of 0.68. The stock has a 50 day moving average price of $5.18 and a 200-day moving average price of $5.20. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.86 and a quick ratio of 0.89.

About Friendly Hills Bancorp

Friendly Hills Bancorp is a bank holding company headquartered in Duarte, California, that operates under the federal ticker OTCMKTS:FHLB. Its primary purpose is to serve as the parent of Friendly Hills Bank, a state-chartered bank offering a full suite of commercial and consumer banking services.

Through its subsidiary, the company provides deposit products such as checking, savings and money market accounts, along with certificates of deposit. On the lending side, Friendly Hills Bank extends commercial real estate financing, residential mortgage loans, small business (including SBA) lending and consumer loans.