MainStreet Bancshares (NASDAQ:MNSBP) Shares Down 1.1% – Should You Sell?

Shares of MainStreet Bancshares, Inc. (NASDAQ:MNSBP) traded down 1.1% during trading on Friday . The company traded as low as $24.46 and last traded at $24.3710. 2,404 shares were traded during trading, an increase of 40% from the average session volume of 1,720 shares. The stock had previously closed at $24.64.

MainStreet Bancshares Price Performance

The stock’s fifty day simple moving average is $24.54 and its 200-day simple moving average is $24.22.

MainStreet Bancshares (NASDAQ:MNSBP) last issued its quarterly earnings data on Monday, January 27th. The company reported $0.61 earnings per share (EPS) for the quarter. The company had revenue of $18.07 million for the quarter.

MainStreet Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were paid a $0.47 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.88 annualized dividend and a yield of 7.7%.

MainStreet Bancshares Company Profile

MainStreet Bancshares, Inc operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services.