Friendly Hills Bancorp (OTCMKTS:FHLB) Shares Down 0.6% – What’s Next?

Friendly Hills Bancorp (OTCMKTS:FHLB) dropped 0.6% during mid-day trading on Tuesday . The company traded as low as $5.17 and last traded at $5.17. Approximately 514 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 2,126 shares. The stock had previously closed at $5.20.

Friendly Hills Bancorp Stock Performance

The company has a current ratio of 0.86, a quick ratio of 0.89 and a debt-to-equity ratio of 1.58. The firm’s fifty day moving average price is $5.20 and its two-hundred day moving average price is $5.38. The stock has a market capitalization of $21.56 million, a PE ratio of -23.50 and a beta of 0.68.

Friendly Hills Bancorp Company Profile

Friendly Hills Bancorp is a bank holding company headquartered in Duarte, California, that operates under the federal ticker OTCMKTS:FHLB. Its primary purpose is to serve as the parent of Friendly Hills Bank, a state-chartered bank offering a full suite of commercial and consumer banking services.

Through its subsidiary, the company provides deposit products such as checking, savings and money market accounts, along with certificates of deposit. On the lending side, Friendly Hills Bank extends commercial real estate financing, residential mortgage loans, small business (including SBA) lending and consumer loans.