Pinnacle Bankshares (OTCMKTS:PPBN) Stock Crosses Above 50-Day Moving Average – Here’s Why

Pinnacle Bankshares Corp. (OTCMKTS:PPBN) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $59.16 and traded as high as $66.00. Pinnacle Bankshares shares last traded at $66.00, with a volume of 10 shares.

Pinnacle Bankshares Stock Up 0.0%

The firm’s fifty day simple moving average is $59.38 and its 200-day simple moving average is $52.61. The company has a market cap of $141.83 million, a PE ratio of 9.42 and a beta of 0.27.

Pinnacle Bankshares (OTCMKTS:PPBN) last issued its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $1.61 earnings per share for the quarter. Pinnacle Bankshares had a net margin of 23.60% and a return on equity of 14.00%. The business had revenue of $17.22 million during the quarter.

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.