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

Mountain Commerce Bancorp, Inc. (OTCMKTS:MCBI)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $20.86 and traded as high as $21.00. Mountain Commerce Bancorp shares last traded at $21.00, with a volume of 200 shares changing hands.

Mountain Commerce Bancorp Price Performance

The business’s fifty day moving average price is $21.35 and its 200 day moving average price is $20.86.

Mountain Commerce Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 3rd will be issued a $0.05 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.95%. Mountain Commerce Bancorp’s payout ratio is 12.50%.

About Mountain Commerce Bancorp

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.