American Business Bank (OTCMKTS:AMBZ) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

American Business Bank (OTCMKTS:AMBZ) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $43.51 and traded as low as $41.25. American Business Bank shares last traded at $41.70, with a volume of 44,174 shares traded.

American Business Bank Price Performance

The stock has a market capitalization of $402.31 million, a price-to-earnings ratio of 9.74 and a beta of 0.72. The company has a 50-day simple moving average of $43.63 and a two-hundred day simple moving average of $38.83.

American Business Bank (OTCMKTS:AMBZ) last released its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $1.16 earnings per share for the quarter. The firm had revenue of $33.28 million during the quarter.

About American Business Bank

American Business Bank, a California-chartered bank, provides banking products and services to small and medium-sized firms, non-profits, business executives, and professionals in Southern California. The company offers credit and depository; treasury management; asset-based lending; SBA lending; international banking comprising money transfers, import and export commercial letters of credit, standby letters of credit, documentary and clean collections, and foreign currency exchange services; and consulting and referral services.