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

Prime Meridian Holding (OTCMKTS:PMHG)’s share price dropped 1.2% during trading on Thursday . The stock traded as low as $21.00 and last traded at $21.00. Approximately 5,912 shares traded 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 Stock Performance

The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.19. The stock has a 50 day moving average price of $21.81 and a two-hundred day moving average price of $22.39. The company has a market cap of $69.24 million, a P/E ratio of 7.81 and a beta of 0.51.

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