Prime Meridian (OTCMKTS:PMHG) Stock Price Up 0.8% – Still a Buy?

Shares of Prime Meridian Holding (OTCMKTS:PMHG) traded up 0.8% on Monday . The stock traded as high as $25.71 and last traded at $25.71. 225 shares changed hands during trading, a decline of 89% from the average session volume of 2,057 shares. The stock had previously closed at $25.50.

Prime Meridian Stock Performance

The firm has a market capitalization of $84.69 million, a PE ratio of 10.28 and a beta of 0.51. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 0.94. The company’s fifty day moving average price is $24.69 and its two-hundred day moving average price is $23.41.

Prime Meridian (OTCMKTS:PMHG) last issued its quarterly earnings data on Friday, August 9th. The company reported $0.54 earnings per share (EPS) for the quarter. The company had revenue of $7.92 million during the quarter. Prime Meridian had a net margin of 16.71% and a return on equity of 9.58%.

Prime Meridian Company Profile

Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company accepts various deposits, such as checking, money market, savings, term certificate of deposit, demand interest-bearing and noninterest-bearing, health savings, NOW, and escrow accounts, as well as retirement savings plans and time deposits.