Potomac Bancshares (OTCMKTS:PTBS) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

Posted by Stacy Sanders on Jan 9th, 2025

Shares of Potomac Bancshares, Inc. (OTCMKTS:PTBS – Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $16.14 and traded as low as $15.55. Potomac Bancshares shares last traded at $15.55, with a volume of 28,334 shares traded.

Potomac Bancshares Price Performance

The stock has a market capitalization of $64.45 million, a price-to-earnings ratio of 9.90 and a beta of 0.22. The stock has a 50 day moving average price of $16.14 and a 200-day moving average price of $15.10.

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

Potomac Bancshares Announces Dividend

The business 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. This represents a $0.48 annualized dividend and a yield of 3.09%. The ex-dividend date was Friday, November 1st. Potomac Bancshares’s dividend payout ratio is presently 30.57%.

Potomac Bancshares Company Profile

(Get Free Report)

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.