Mountain Commerce Bancorp (OTCMKTS:MCBI) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Mountain Commerce Bancorp, Inc. (OTCMKTS:MCBIGet Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $18.74 and traded as high as $20.51. Mountain Commerce Bancorp shares last traded at $20.51, with a volume of 828 shares traded.

Mountain Commerce Bancorp Price Performance

The company’s fifty day moving average is $20.74 and its 200 day moving average is $18.76.

Mountain Commerce Bancorp Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 2nd. Shareholders of record on Tuesday, August 6th were given a $0.05 dividend. This represents a yield of 1.08%. The ex-dividend date of this dividend was Monday, August 5th. Mountain Commerce Bancorp’s dividend payout ratio (DPR) is 12.50%.

About Mountain Commerce Bancorp

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Mountain Commerce Bancorp, Inc operates as the holding company for Mountain Commerce Bank that provides banking services for small- and medium-sized businesses, professionals, and affluent individuals. It offers checking and savings accounts; certificates of deposit; and mortgage loans, personal loans and lines of credit, commercial real estate loans, small business administration loans, equipment lending, operating lines of credit, and credit cards.

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