Pinnacle Bankshares (OTCMKTS:PPBN) Stock Price Passes Above 50 Day Moving Average – What’s Next?

Pinnacle Bankshares Corp. (OTCMKTS:PPBN) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $53.33 and traded as high as $56.50. Pinnacle Bankshares shares last traded at $56.50, with a volume of 300 shares trading hands.

Pinnacle Bankshares Price Performance

The business has a 50 day simple moving average of $53.33 and a 200 day simple moving average of $48.69. The company has a market cap of $122.10 million, a price-to-earnings ratio of 10.84 and a beta of 0.27.

Pinnacle Bankshares (OTCMKTS:PPBN) last issued its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $1.39 earnings per share (EPS) for the quarter. The business had revenue of $12.27 million for the quarter. Pinnacle Bankshares had a net margin of 19.32% and a return on equity of 13.24%.

About Pinnacle Bankshares

Pinnacle Bankshares Corporation operates as the bank holding company for First National Bank that provides a range of commercial and retail banking products and services. The company accepts checking accounts, savings and time deposits, individual retirement accounts, certificates of deposit, and money market accounts. Its loan products include residential and commercial mortgage loans, home equity loans, consumer installment loans, agricultural loans, investment loans, small business loans, commercial lines of credit, and letters of credit.