Avidbank (OTCMKTS:AVBH) Stock Price Up 0.2%

Shares of Avidbank Holdings, Inc. (OTCMKTS:AVBH) rose 0.2% on Monday . The stock traded as high as $20.73 and last traded at $20.73. Approximately 1,600 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 8,519 shares. The stock had previously closed at $20.68.

Wall Street Analyst Weigh In

Separately, Stephens increased their price objective on Avidbank from $19.00 to $23.00 and gave the company an “overweight” rating in a report on Tuesday, July 25th.

Avidbank Trading Up 0.2 %

The business’s fifty day moving average price is $21.11 and its 200 day moving average price is $18.99. The company has a market capitalization of $161.13 million, a P/E ratio of 6.23 and a beta of 0.74.

Avidbank (OTCMKTS:AVBH) last announced its quarterly earnings results on Tuesday, October 24th. The company reported $0.72 EPS for the quarter, hitting analysts’ consensus estimates of $0.72. The business had revenue of $18.55 million for the quarter, compared to the consensus estimate of $19.61 million. Equities research analysts anticipate that Avidbank Holdings, Inc. will post 2.83 EPS for the current year.

Avidbank Company Profile

Avidbank Holdings, Inc operates as a bank holding company for Avidbank that provides financial products and services to businesses and individuals in the Santa Clara, San Mateo, and San Francisco counties. The company offers business and personal deposit products, such as checking, money market, and savings accounts; and certificates of deposit.