First National Bank Alaska (OTCMKTS:FBAK) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

First National Bank Alaska (OTCMKTS:FBAK) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $260.94 and traded as high as $272.50. First National Bank Alaska shares last traded at $272.50, with a volume of 117 shares trading hands.

First National Bank Alaska Trading Up 2.2%

The firm’s 50-day moving average price is $260.94 and its 200-day moving average price is $246.26. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.03. The company has a market cap of $863.83 million, a P/E ratio of 11.66 and a beta of 0.32.

First National Bank Alaska (OTCMKTS:FBAK) last posted its quarterly earnings results on Friday, August 8th. The financial services provider reported $5.80 earnings per share (EPS) for the quarter. The business had revenue of $52.52 million during the quarter.

First National Bank Alaska Company Profile

First National Bank Alaska, a commercial bank, provides various banking products and services for business, industry, and individual customers primarily in Alaska. The company offers savings and checking accounts; money market deposits; safe deposit services; certificates of deposit; individual retirement accounts; and personal, home equity, and construction loans, as well as loans for stability and growth.