Avidbank (OTCMKTS:AVBH) Trading Down 1.8%

Avidbank Holdings, Inc. (OTCMKTS:AVBHGet Free Report)’s share price fell 1.8% on Tuesday . The company traded as low as $18.46 and last traded at $18.75. 9,876 shares traded hands during mid-day trading, an increase of 114% from the average session volume of 4,625 shares. The stock had previously closed at $19.10.

Avidbank Stock Performance

The firm has a market capitalization of $145.67 million, a P/E ratio of 8.37 and a beta of 0.69. The firm’s 50-day moving average is $20.36 and its 200 day moving average is $20.92.

Avidbank (OTCMKTS:AVBHGet Free Report) last issued its quarterly earnings results on Monday, January 22nd. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.06. The business had revenue of $29.26 million during the quarter, compared to analyst estimates of $18.92 million. As a group, research analysts expect that Avidbank Holdings, Inc. will post 2.81 EPS for the current fiscal year.

About Avidbank

(Get Free Report)

Avidbank Holdings, Inc operates as a bank holding company for Avidbank that provides financial products and services to businesses and individuals in the Santa Clara, San Mateo, and San Francisco counties. The company offers business and personal deposit products, such as checking, money market, and savings accounts; and certificates of deposit.

Further Reading

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