Prime Meridian (OTCMKTS:PMHG) Shares Down 0.1%

Shares of Prime Meridian Holding Co (OTCMKTS:PMHG) fell 0.1% during trading on Friday . The company traded as low as $13.70 and last traded at $13.84, 18,400 shares traded hands during trading. An increase of 213% from the average session volume of 5,879 shares. The stock had previously closed at $13.85.

Separately, ValuEngine upgraded Prime Meridian from a “sell” rating to a “hold” rating in a report on Friday, June 5th.

The stock has a market capitalization of $43.15 million, a price-to-earnings ratio of 13.06 and a beta of 0.92. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.92 and a current ratio of 0.94. The firm has a fifty day moving average of $14.22 and a 200-day moving average of $16.03.

Prime Meridian (OTCMKTS:PMHG) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.22 earnings per share (EPS) for the quarter. Prime Meridian had a return on equity of 6.18% and a net margin of 15.99%. The firm had revenue of $4.51 million during the quarter.

Prime Meridian Company Profile (OTCMKTS:PMHG)

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

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