Potomac Bancshares (OTCMKTS:PTBS) Shares Cross Above 50 Day Moving Average – Here’s Why
by Jessica Moore · The Cerbat GemPotomac Bancshares, Inc. (OTCMKTS:PTBS – Get Free Report)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $23.81 and traded as high as $26.9110. Potomac Bancshares shares last traded at $26.6904, with a volume of 1,279 shares changing hands.
Potomac Bancshares Price Performance
The firm has a market cap of $119.06 million, a P/E ratio of 9.96 and a beta of 0.24. The business has a fifty day moving average of $23.96 and a 200 day moving average of $21.47.
Potomac Bancshares (OTCMKTS:PTBS – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.80 earnings per share (EPS) for the quarter. The business had revenue of $11.73 million during the quarter.
About Potomac Bancshares
Potomac Bancshares, Inc serves as the bank holding company for Potomac Bank, a community-focused financial institution headquartered in McLean, Virginia. The company’s primary business activities include accepting deposits, extending credit, and providing payment and treasury management solutions. Deposit offerings encompass checking, savings, money market, and certificate accounts, while lending products cover commercial real estate, construction, commercial and industrial, and consumer loans.
Potomac Bank emphasizes relationship-driven banking, tailoring its services to small and mid-sized businesses, nonprofit organizations, and local government agencies.