Friendly Hills Bancorp (OTCMKTS:FHLB) Stock Price Up 0.2% – Time to Buy?

Friendly Hills Bancorp (OTCMKTS:FHLB) shares were up 0.2% on Monday . The company traded as high as $5.20 and last traded at $5.11. Approximately 4,858 shares changed hands during mid-day trading, an increase of 129% from the average daily volume of 2,126 shares. The stock had previously closed at $5.10.

Friendly Hills Bancorp Stock Up 0.2%

The company has a quick ratio of 0.89, a current ratio of 0.86 and a debt-to-equity ratio of 1.58. The business has a 50-day moving average price of $5.19 and a 200-day moving average price of $5.21. The firm has a market capitalization of $21.31 million, a PE ratio of -23.23 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.