Altapacific Bancor (OTCMKTS:ABNK) Shares Cross Below 50 Day Moving Average of $14.76

Altapacific Bancor (OTCMKTS:ABNK) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $14.76 and traded as low as $14.82. Altapacific Bancor shares last traded at $14.82, with a volume of 200 shares changing hands.

Separately, ValuEngine lowered Altapacific Bancor from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st.

The firm has a market capitalization of $86.71 million, a price-to-earnings ratio of 17.90 and a beta of 0.60. The company has a 50-day moving average of $14.77 and a 200-day moving average of $14.69.

Altapacific Bancor (OTCMKTS:ABNK) last posted its quarterly earnings results on Wednesday, July 24th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter. The firm had revenue of $4.99 million for the quarter.

Altapacific Bancor Company Profile (OTCMKTS:ABNK)

AltaPacific Bancorp operates as the holding company for AltaPacific Bank that provides a range of banking products and services to small to middle-market businesses, professionals, and not-for-profit organizations in California. It offers various deposit products, including checking accounts, savings accounts, money market accounts, certificates of deposit, attorney client trust accounts, and individual retirement accounts.

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