MainStreet Bancshares (NASDAQ:MNSBP) Trading Down 1.1% – Time to Sell?

MainStreet Bancshares, Inc. (NASDAQ:MNSBP)’s stock price traded down 1.1% during mid-day trading on Friday . The company traded as low as $24.46 and last traded at $24.3710. 2,404 shares changed hands during trading, an increase of 40% from the average session volume of 1,720 shares. The stock had previously closed at $24.64.

MainStreet Bancshares Price Performance

The stock’s 50-day simple moving average is $24.54 and its two-hundred day simple moving average is $24.21.

MainStreet Bancshares (NASDAQ:MNSBP) last announced its quarterly earnings data on Monday, January 27th. The company reported $0.61 EPS for the quarter. The business had revenue of $18.07 million during the quarter.

MainStreet Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 7.7%. The ex-dividend date of this dividend was Monday, September 15th.

About MainStreet Bancshares

MainStreet Bancshares, Inc operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services.