Malaga Financial (OTCMKTS:MLGF) Trading at $22.00

Malaga Financial Corp. (OTCMKTS:MLGF – Get Free Report) shares were down 0% on Thursday. The company traded as low as $22.00 and last traded at $22.00. Approximately 22,100 shares changed hands during mid-day trading, an increase of 885% from the average session volume of 2,244 shares. The stock had previously closed at $22.01.

Malaga Financial Price Performance

The company has a market cap of $220.06 million, a price-to-earnings ratio of 9.83 and a beta of 0.08. The firm’s 50 day simple moving average is $22.27 and its 200-day simple moving average is $21.89.

Malaga Financial (OTCMKTS:MLGF – Get Free Report) last posted its earnings results on Friday, July 10th. The company reported $0.58 EPS for the quarter.

About Malaga Financial

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Malaga Financial Corporation was a financial services holding company based in Palos Verdes Estates, California. The company operated through Malaga Bank, a federally chartered savings bank serving individuals, families and businesses in Southern California.

Malaga Bank’s services historically included deposit products such as checking and savings accounts, money market accounts and certificates of deposit. Its lending activities included residential mortgage loans, home equity financing, commercial real estate loans and other loans for consumers and businesses.

Malaga Financial focused primarily on communities in the South Bay and surrounding areas of Los Angeles County.

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