Pinnacle Bank (OTCMKTS:PBNK) Trading Up 1.6% – Time to Buy?

Shares of Pinnacle Bank (OTCMKTS:PBNKGet Free Report) were up 1.6% during trading on Friday . The stock traded as high as $19.20 and last traded at $19.20. Approximately 849 shares changed hands during trading, a decline of 48% from the average daily volume of 1,640 shares. The stock had previously closed at $18.90.

Pinnacle Bank Price Performance

The firm has a market cap of $113.86 million, a P/E ratio of 22.33 and a beta of 0.25. The company’s 50-day simple moving average is $19.80 and its 200 day simple moving average is $20.15.

Pinnacle Bank (OTCMKTS:PBNKGet Free Report) last announced its earnings results on Thursday, October 30th. The company reported $0.18 earnings per share (EPS) for the quarter. Pinnacle Bank had a net margin of 16.62% and a return on equity of 8.37%. The firm had revenue of $9.42 million for the quarter.

About Pinnacle Bank

(Get Free Report)

Pinnacle Bank, a commercial bank, provides various depository and credit services in Santa Clara, San Benito, and Monterey counties. The company offers checking, savings, money market, sweep, and individual retirement accounts, as well as certificates of deposit and certificates of deposit account registry services.

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