Private Bancorp of America (OTCMKTS:PBAM) Shares Down 0.3% – Should You Sell?

Shares of Private Bancorp of America, Inc. (OTCMKTS:PBAM) fell 0.3% during trading on Monday . The stock traded as low as $55.41 and last traded at $55.41. 588 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 6,501 shares. The stock had previously closed at $55.60.

Private Bancorp of America Stock Performance

The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.13. The company’s fifty day moving average price is $49.80 and its two-hundred day moving average price is $43.78. The firm has a market cap of $318.88 million, a PE ratio of 9.72 and a beta of 0.19.

Private Bancorp of America (OTCMKTS:PBAM) last posted its quarterly earnings results on Friday, October 18th. The company reported $1.63 EPS for the quarter, beating the consensus estimate of $1.45 by $0.18. The business had revenue of $41.45 million during the quarter, compared to analysts’ expectations of $26.60 million. Private Bancorp of America had a return on equity of 16.57% and a net margin of 21.37%. As a group, sell-side analysts forecast that Private Bancorp of America, Inc. will post 5.89 earnings per share for the current fiscal year.

About Private Bancorp of America

Private Bancorp of America, Inc operates as the bank holding company for CalPrivate Bank that provides banking products and services to individuals and businesses in California. The company offers checking and savings, money market, certificate of deposit, sweep, zero balance, and individual retirement accounts; unsecured lines of credit, personal credit lines, and term loans; additional services, such as direct deposits, online banking, ATM and debit cards, credit cards, savings/line of credit overdraft protection, and safe deposit boxes; and certificate of deposit account registry services.