Pinnacle Bankshares (OTCMKTS:PPBN) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Pinnacle Bankshares Corp. (OTCMKTS:PPBN)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $52.49 and traded as high as $55.49. Pinnacle Bankshares shares last traded at $55.49, with a volume of 664 shares trading hands.

Pinnacle Bankshares Stock Performance

The stock has a market capitalization of $119.88 million, a price-to-earnings ratio of 10.65 and a beta of 0.27. The firm has a 50-day moving average of $52.74 and a 200 day moving average of $48.33.

Pinnacle Bankshares (OTCMKTS:PPBN) last issued its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $1.39 earnings per share (EPS) for the quarter. The company had revenue of $12.27 million during 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.