Potomac Bancshares (OTCMKTS:PTBS) Share Price Passes Above 50 Day Moving Average – Here’s Why

Potomac Bancshares, Inc. (OTCMKTS:PTBS)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $15.52 and traded as high as $16.25. Potomac Bancshares shares last traded at $16.25, with a volume of 305 shares changing hands.

Potomac Bancshares Stock Performance

The firm has a market capitalization of $67.36 million, a P/E ratio of 10.35 and a beta of 0.23. The business’s fifty day moving average price is $15.52 and its two-hundred day moving average price is $14.89.

Potomac Bancshares (OTCMKTS:PTBS) last announced its earnings results on Monday, November 4th. The company reported $0.42 earnings per share for the quarter. The firm had revenue of $8.71 million during the quarter.

Potomac Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Shareholders of record on Friday, November 1st were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.48 annualized dividend and a yield of 2.95%. Potomac Bancshares’s dividend payout ratio (DPR) is currently 30.57%.

Potomac Bancshares Company Profile

Potomac Bancshares, Inc operates as the bank holding company for Bank of Charles Town that provides various banking products and services to individuals and businesses. The company offers checking, savings, and individual retirement accounts; and certificates of deposit (CD). It also provides personal loans, including new and used vehicle, home equity, unsecured home improvement and personal, retail equipment, and lot loans, as well as loans secured by CD, and home equity lines of credit; commercial loans for building or office purchases, commercial real estate and construction, and production and administrative equipment purchases; lines of credit; mortgage, commercial, term, residential and commercial construction, commercial real estate, and agricultural loans; and credit and debit cards.