Avidbank (OTCMKTS:AVBH – Get Free Report) is expected to be announcing its earnings results on Monday, January 27th. Analysts expect the company to announce earnings of $0.67 per share for the quarter.
Avidbank Price Performance
Shares of AVBH opened at $20.45 on Friday. The company has a 50-day moving average of $21.53 and a two-hundred day moving average of $20.31. The stock has a market cap of $161.56 million, a price-to-earnings ratio of 9.83 and a beta of 0.69. Avidbank has a one year low of $18.16 and a one year high of $22.49.
Wall Street Analysts Forecast Growth
Separately, Janney Montgomery Scott raised shares of Avidbank from a “neutral” rating to a “buy” rating and set a $26.00 price objective for the company in a research note on Tuesday, November 12th.
About Avidbank
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.
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