Friendly Hills Bancorp (OTCMKTS:FHLB) Stock Falls 7% – Here’s Why

Friendly Hills Bancorp (OTCMKTS:FHLB – Get Free Report)’s stock price was down 7% on Wednesday. The stock traded as low as $7.50 and last traded at $7.50. 1,200 shares changed hands during trading, a decline of 44% from the average session volume of 2,126 shares. The stock had previously closed at $8.0643.

Friendly Hills Bancorp Stock Down 7.0%

The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.89 and a current ratio of 0.86. The stock’s fifty day simple moving average is $8.05 and its two-hundred day simple moving average is $6.57. The stock has a market capitalization of $31.28 million, a P/E ratio of -34.09 and a beta of 0.68.

About Friendly Hills Bancorp

(Get Free Report)

Friendly Hills Bancorp is a bank holding company associated with Friendly Hills Bank, a community banking institution based in Whittier, California. Through its banking operations, the company serves individuals, families, and businesses in the surrounding Southern California communities.

Friendly Hills Bank provides traditional banking products and services, including deposit accounts, commercial and consumer lending, real estate loans, cash-management services, and electronic banking tools.

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