Patriot National Bancorp (NASDAQ:PNBK) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Patriot National Bancorp, Inc. (NASDAQ:PNBK)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.86 and traded as high as $2.18. Patriot National Bancorp shares last traded at $1.97, with a volume of 7,905 shares traded.

Patriot National Bancorp Price Performance

The stock has a market capitalization of $7.83 million, a PE ratio of -0.27 and a beta of 0.43. The stock’s 50 day moving average price is $1.90 and its 200-day moving average price is $1.86. The company has a quick ratio of 0.97, a current ratio of 0.99 and a debt-to-equity ratio of 6.83.

About Patriot National Bancorp

Patriot National Bancorp, Inc operates as the holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company accepts consumer and commercial deposit accounts, such as checking, interest-bearing negotiable order of withdrawal, money market, time certificates of deposit, savings, prepaid deposit, on-line national money market, individual retirement accounts, and health savings accounts, as well as certificate of deposit account registry service.