Shares of Pacific Alliance Bank (OTCMKTS:PFBN – Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $8.48 and traded as low as $8.31. Pacific Alliance Bank shares last traded at $8.31, with a volume of 1,900 shares traded.
Pacific Alliance Bank Stock Performance
The stock’s 50-day moving average is $8.48 and its 200-day moving average is $8.64.
About Pacific Alliance Bank
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.
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