Shares of American Business Bank (OTCMKTS AMBZ) opened at 38.90 on Thursday. The company has a 50 day moving average of $39.12 and a 200 day moving average of $41.17. The stock has a market cap of $292.33 million, a P/E ratio of 22.36 and a beta of 0.34. American Business Bank has a 12 month low of $29.00 and a 12 month high of $39.65.
Separately, ValuEngine lowered shares of American Business Bank from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd.
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American Business Bank Company Profile
American Business Bank is engaged in business banking. The Bank offers a range of financial services to the business marketplace. Its clients include wholesalers, manufacturers, service businesses, professionals and non-profits. The Bank operates approximately four loan production offices in areas, including Orange County Office in Irvine, South Bay Office in Torrance, San Fernando Valley Office in the Warner Center and Inland Empire Office in Ontario.
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