Pacific Alliance Bank (OTCMKTS:PFBN – Get Free Report) shares rose 3.1% during mid-day trading on Thursday . The company traded as high as $8.25 and last traded at $8.25. Approximately 450 shares were traded during mid-day trading, an increase of 543% from the average daily volume of 70 shares. The stock had previously closed at $8.00.
Pacific Alliance Bank Stock Performance
The firm’s fifty day simple moving average is $8.10 and its two-hundred day simple moving average is $8.34.
Pacific Alliance Bank Company Profile
Pacific Alliance Bank is a full-service commercial bank headquartered in Los Angeles, California. Established in 2001, the institution specializes in serving small to medium-sized businesses, with a particular focus on facilitating cross-border trade between the United States and Asian markets. Through its parent holding company, Pacific Alliance Bancorp, the bank has developed expertise in trade finance and foreign exchange services designed to support importers and exporters.
The bank’s product portfolio includes business deposit accounts, cash management solutions, commercial real estate lending, lines of credit and construction financing.
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