American Business Bank (OTCMKTS:AMBZ) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

American Business Bank (OTCMKTS:AMBZ) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $42.52 and traded as high as $42.64. American Business Bank shares last traded at $42.64, with a volume of 2,688 shares.

American Business Bank Trading Up 0.0%

The company has a fifty day simple moving average of $42.52 and a 200-day simple moving average of $43.48. The stock has a market cap of $382.05 million, a price-to-earnings ratio of 8.92 and a beta of 0.42.

American Business Bank (OTCMKTS:AMBZ) last posted its quarterly earnings data on Monday, April 28th. The financial services provider reported $1.27 earnings per share (EPS) for the quarter. The company had revenue of $36.33 million for the quarter.

American Business Bank Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, June 17th. Stockholders of record on Thursday, May 8th were given a $0.25 dividend. This represents a dividend yield of 2.33%. The ex-dividend date was Wednesday, May 7th. American Business Bank’s dividend payout ratio (DPR) is 20.92%.

About American Business Bank

American Business Bank, a California-chartered bank, provides banking products and services to small and medium-sized firms, non-profits, business executives, and professionals in Southern California. The company offers credit and depository; treasury management; asset-based lending; SBA lending; international banking comprising money transfers, import and export commercial letters of credit, standby letters of credit, documentary and clean collections, and foreign currency exchange services; and consulting and referral services.