Pioneer Bankshares (OTCMKTS:PNBI) Shares Up 2% – Should You Buy?

Pioneer Bankshares Inc. (OTCMKTS:PNBI)’s stock price rose 2% on Thursday . The company traded as high as $34.80 and last traded at $33.60. Approximately 200 shares traded hands during trading, an increase of 880% from the average daily volume of 20 shares. The stock had previously closed at $32.9255.

Pioneer Bankshares Price Performance

The business has a 50-day simple moving average of $32.08 and a 200-day simple moving average of $30.12. The company has a market cap of $33.94 million, a PE ratio of 9.44 and a beta of 0.12.

Pioneer Bankshares (OTCMKTS:PNBI) last posted its quarterly earnings data on Friday, December 5th. The company reported $1.05 earnings per share for the quarter. The business had revenue of $3.90 million during the quarter.

Pioneer Bankshares Company Profile

Pioneer Bankshares, Inc is the bank holding company for Pioneer Bank, a locally focused community banking organization serving residents and businesses in the Mid‐Atlantic region. Through its subsidiary, the company provides a full suite of commercial and retail banking services, including checking and savings accounts, certificates of deposit, and money market instruments. Pioneer Bank’s commercial lending portfolio encompasses commercial real estate, construction, equipment financing, and operating lines of credit tailored to small‐ and medium‐size enterprises.

In addition to traditional deposit and lending products, Pioneer Bankshares offers a range of treasury management and cash‐management services designed to help businesses optimize liquidity and streamline receivables and payables.