Prime Meridian (OTCMKTS:PMHG) Stock Price Down 1.2%

Shares of Prime Meridian Holding (OTCMKTS:PMHG) dropped 1.2% on Thursday . The stock traded as low as $21.00 and last traded at $21.00. Approximately 5,912 shares changed hands during mid-day trading, an increase of 259% from the average daily volume of 1,647 shares. The stock had previously closed at $21.25.

Prime Meridian Trading Down 1.2 %

The firm’s 50 day moving average is $21.81 and its 200 day moving average is $22.39. The company has a market capitalization of $69.24 million, a PE ratio of 7.81 and a beta of 0.51. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.91 and a quick ratio of 0.91.

Prime Meridian (OTCMKTS:PMHG) last posted its earnings results on Thursday, March 21st. The company reported $0.55 earnings per share (EPS) for the quarter. Prime Meridian had a return on equity of 11.55% and a net margin of 20.82%. The company had revenue of $7.75 million for the quarter.

Prime Meridian Company Profile

Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company accepts various deposits, such as checking, money market, savings, term certificate of deposit, demand interest-bearing and noninterest-bearing, health savings, NOW, and escrow accounts, as well as retirement savings plans and time deposits.