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American Bank (OTCMKTS:AMBK) Trading Up 6.9% - Still a Buy?


American Bank (OTCMKTS:AMBK) Trading Up 6.9%  - Still a Buy?

Shares of American Bank Incorporated (OTCMKTS:AMBK - Get Free Report) traded up 6.9% on Friday . The stock traded as high as $15.50 and last traded at $15.50. 100 shares traded hands during trading, a decline of 56% from the average session volume of 225 shares. The stock had previously closed at $14.50.

The firm has a 50-day moving average of $14.60 and a 200-day moving average of $14.92.

The company also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Monday, December 16th were issued a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 3.61%. The ex-dividend date was Monday, December 16th.

American Bank Incorporated operates as the bank holding company for American Bank that provides various banking products and services to consumer, business, institutional, and governmental customers. It accepts a range of interest-bearing checking and money market accounts, savings accounts, certificates of deposit, and individual retirement accounts.

Before you consider American Bank, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Bank wasn't on the list.

While American Bank currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

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