Prime Meridian (OTCMKTS:PMHG) Stock Price Up 0.8% – Still a Buy?

Prime Meridian Holding (OTCMKTS:PMHG)’s share price rose 0.8% during trading on Monday . The stock traded as high as $25.71 and last traded at $25.71. Approximately 225 shares changed hands during trading, a decline of 89% from the average daily volume of 2,057 shares. The stock had previously closed at $25.50.

Prime Meridian Stock Up 0.8 %

The firm’s 50-day moving average price is $24.66 and its 200 day moving average price is $23.38. The firm has a market cap of $84.69 million, a P/E ratio of 10.28 and a beta of 0.51. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.12.

Prime Meridian (OTCMKTS:PMHG) last released its quarterly earnings results on Friday, August 9th. The company reported $0.54 EPS for the quarter. The business had revenue of $7.92 million during the quarter. Prime Meridian had a net margin of 16.71% and a return on equity of 9.58%.

About Prime Meridian

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.