Patriot National Bancorp (NASDAQ:PNBK) Share Price Crosses Above 200 Day Moving Average – Here’s Why

Patriot National Bancorp, Inc. (NASDAQ:PNBKGet Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.86 and traded as high as $2.18. Patriot National Bancorp shares last traded at $1.97, with a volume of 7,905 shares trading hands.

Patriot National Bancorp Stock Performance

The stock has a market capitalization of $8.39 million, a price-to-earnings ratio of -0.29 and a beta of 0.43. The stock’s 50-day simple moving average is $1.91 and its 200 day simple moving average is $1.86. The company has a quick ratio of 0.97, a current ratio of 0.99 and a debt-to-equity ratio of 6.83.

Patriot National Bancorp Company Profile

(Get Free Report)

Patriot National Bancorp, Inc operates as the holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company accepts consumer and commercial deposit accounts, such as checking, interest-bearing negotiable order of withdrawal, money market, time certificates of deposit, savings, prepaid deposit, on-line national money market, individual retirement accounts, and health savings accounts, as well as certificate of deposit account registry service.

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