Pacific Alliance Bank (OTCMKTS:PFBN) Stock Price Up 0.1% – Time to Buy?

Pacific Alliance Bank (OTCMKTS:PFBN)’s share price rose 0.1% during trading on Tuesday . The stock traded as high as $8.20 and last traded at $8.06. Approximately 4,210 shares changed hands during trading, an increase of 3,910% from the average daily volume of 105 shares. The stock had previously closed at $8.05.

Pacific Alliance Bank Price Performance

The company’s 50-day moving average is $8.30 and its two-hundred day moving average is $8.48.

Pacific Alliance Bank Company Profile

Pacific Alliance Bank is a full-service commercial bank headquartered in Los Angeles, California. Established in 2001, the institution specializes in serving small to medium-sized businesses, with a particular focus on facilitating cross-border trade between the United States and Asian markets. Through its parent holding company, Pacific Alliance Bancorp, the bank has developed expertise in trade finance and foreign exchange services designed to support importers and exporters.

The bank’s product portfolio includes business deposit accounts, cash management solutions, commercial real estate lending, lines of credit and construction financing.