Shares of Prime Meridian Holding (OTCMKTS:PMHG - Get Free Report) shot up 0.7% during trading on Thursday . The company traded as high as $28.49 and last traded at $28.49. 100 shares changed hands during trading, a decline of 97% from the average session volume of 2,977 shares. The stock had previously closed at $28.30.
The firm's fifty day simple moving average is $28.61 and its 200 day simple moving average is $26.99. The company has a market capitalization of $94.67 million, a price-to-earnings ratio of 11.13 and a beta of 0.51. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.96 and a quick ratio of 0.95.
Prime Meridian (OTCMKTS:PMHG - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The company reported $0.65 earnings per share for the quarter. Prime Meridian had a net margin of 16.86% and a return on equity of 10.05%.
The business also recently announced an annual dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 7th will be given a $1.00 dividend. This is an increase from Prime Meridian's previous annual dividend of $0.25. The ex-dividend date is Friday, February 7th. This represents a yield of 3.57%. Prime Meridian's dividend payout ratio is presently 39.06%.
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.
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