Potomac Bancshares (OTCMKTS:PTBS) Stock Price Crosses Below Fifty Day Moving Average – Here’s Why

Potomac Bancshares, Inc. (OTCMKTS:PTBS)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $16.14 and traded as low as $15.55. Potomac Bancshares shares last traded at $15.55, with a volume of 28,334 shares changing hands.

Potomac Bancshares Stock Performance

The stock has a market capitalization of $64.45 million, a P/E ratio of 9.90 and a beta of 0.22. The stock has a 50 day moving average of $16.14 and a 200 day moving average of $15.10.

Potomac Bancshares (OTCMKTS:PTBS) last announced its earnings results on Monday, November 4th. The company reported $0.42 earnings per share (EPS) for the quarter. The company had revenue of $8.71 million during the quarter.

Potomac Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Friday, November 1st were issued a dividend of $0.12 per share. The ex-dividend date was Friday, November 1st. This represents a $0.48 annualized dividend and a yield of 3.09%. Potomac Bancshares’s payout ratio is 30.57%.

About Potomac Bancshares

Potomac Bancshares, Inc operates as the bank holding company for Bank of Charles Town that provides various banking products and services to individuals and businesses. The company offers checking, savings, and individual retirement accounts; and certificates of deposit (CD). It also provides personal loans, including new and used vehicle, home equity, unsecured home improvement and personal, retail equipment, and lot loans, as well as loans secured by CD, and home equity lines of credit; commercial loans for building or office purchases, commercial real estate and construction, and production and administrative equipment purchases; lines of credit; mortgage, commercial, term, residential and commercial construction, commercial real estate, and agricultural loans; and credit and debit cards.