Mountain Commerce Bancorp (OTCMKTS:MCBI) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Mountain Commerce Bancorp, Inc. (OTCMKTS:MCBI) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $20.33 and traded as high as $21.24. Mountain Commerce Bancorp shares last traded at $21.20, with a volume of 400 shares trading hands.

Mountain Commerce Bancorp Price Performance

The firm has a fifty day simple moving average of $21.37 and a 200 day simple moving average of $20.38.

Mountain Commerce Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 4th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.94%. The ex-dividend date was Monday, November 4th. Mountain Commerce Bancorp’s payout ratio is 12.50%.

Mountain Commerce Bancorp Company Profile

Mountain Commerce Bancorp, Inc operates as the holding company for Mountain Commerce Bank that provides banking services for small- and medium-sized businesses, professionals, and affluent individuals. It offers checking and savings accounts; certificates of deposit; and mortgage loans, personal loans and lines of credit, commercial real estate loans, small business administration loans, equipment lending, operating lines of credit, and credit cards.