Potomac Bancshares (OTCMKTS:PTBS) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Potomac Bancshares, Inc. (OTCMKTS:PTBS)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $20.37 and traded as high as $22.24. Potomac Bancshares shares last traded at $22.20, with a volume of 6,604 shares changing hands.

Potomac Bancshares Stock Up 0.2%

The firm has a market capitalization of $99.74 million, a PE ratio of 9.41 and a beta of 0.22. The stock has a 50-day moving average price of $20.37 and a 200 day moving average price of $19.46.

Potomac Bancshares (OTCMKTS:PTBS) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.69 EPS for the quarter. The business had revenue of $11.23 million during the quarter.

Potomac Bancshares Company Profile

Potomac Bancshares, Inc serves as the bank holding company for Potomac Bank, a community-focused financial institution headquartered in McLean, Virginia. The company’s primary business activities include accepting deposits, extending credit, and providing payment and treasury management solutions. Deposit offerings encompass checking, savings, money market, and certificate accounts, while lending products cover commercial real estate, construction, commercial and industrial, and consumer loans.

Potomac Bank emphasizes relationship-driven banking, tailoring its services to small and mid-sized businesses, nonprofit organizations, and local government agencies.