Pinnacle Bank (OTCMKTS:PBNK) Shares Up 0.3% – Should You Buy?

Shares of Pinnacle Bank (OTCMKTS:PBNK) shot up 0.3% on Monday. The stock traded as high as $18.36 and last traded at $18.36. 4,000 shares were traded during mid-day trading, an increase of 151% from the average daily volume of 1,596 shares. The stock had previously closed at $18.3025.

Pinnacle Bank Price Performance

The stock has a market cap of $109.61 million, a PE ratio of 26.23 and a beta of 0.24. The company has a 50 day moving average price of $18.42 and a two-hundred day moving average price of $17.73.

Pinnacle Bank (OTCMKTS:PBNK) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.25 EPS for the quarter. Pinnacle Bank had a return on equity of 3.88% and a net margin of 8.42%. The company had revenue of $8.19 million for the quarter.

Pinnacle Bank Company Profile

Pinnacle Bank is a community banking institution based in Altavista, Virginia. It provides personal and business banking services through a network serving communities in central and southern Virginia.

The bank offers deposit products such as checking and savings accounts, money market accounts, certificates of deposit and individual retirement accounts. Its lending activities include residential and commercial real estate loans, consumer financing, business loans and agricultural lending.