Potomac Bancshares (OTCMKTS:PTBS) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Potomac Bancshares, Inc. (OTCMKTS:PTBS)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $20.37 and traded as high as $22.24. Potomac Bancshares shares last traded at $22.20, with a volume of 6,604 shares.

Potomac Bancshares Price Performance

The stock has a market cap of $99.74 million, a price-to-earnings ratio of 9.41 and a beta of 0.22. The stock has a fifty day moving average of $20.37 and a 200 day moving average of $19.46.

Potomac Bancshares (OTCMKTS:PTBS) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.69 earnings per share (EPS) for the quarter. The company had revenue of $11.23 million during the quarter.

About Potomac Bancshares

Potomac Bancshares, Inc serves as the bank holding company for Potomac Bank, a community-focused financial institution headquartered in McLean, Virginia. The company’s primary business activities include accepting deposits, extending credit, and providing payment and treasury management solutions. Deposit offerings encompass checking, savings, money market, and certificate accounts, while lending products cover commercial real estate, construction, commercial and industrial, and consumer loans.

Potomac Bank emphasizes relationship-driven banking, tailoring its services to small and mid-sized businesses, nonprofit organizations, and local government agencies.