Pioneer Bankshares (OTCMKTS:PNBI) Shares Down 1.2% – Here’s What Happened

Pioneer Bankshares Inc. (OTCMKTS:PNBI)’s stock price dropped 1.2% during trading on Friday . The company traded as low as $33.00 and last traded at $33.00. Approximately 100 shares were traded during trading, a decline of 78% from the average daily volume of 464 shares. The stock had previously closed at $33.40.

Pioneer Bankshares Price Performance

The stock has a market cap of $33.10 million, a PE ratio of 9.27 and a beta of 0.12. The business has a fifty day moving average of $30.90 and a 200-day moving average of $29.23.

Pioneer Bankshares (OTCMKTS:PNBI) last released its quarterly earnings data on Friday, December 5th. The company reported $1.05 EPS for the quarter. The firm had revenue of $3.90 million for the quarter.

About Pioneer Bankshares

Pioneer Bankshares, Inc is the bank holding company for Pioneer Bank, a locally focused community banking organization serving residents and businesses in the Mid‐Atlantic region. Through its subsidiary, the company provides a full suite of commercial and retail banking services, including checking and savings accounts, certificates of deposit, and money market instruments. Pioneer Bank’s commercial lending portfolio encompasses commercial real estate, construction, equipment financing, and operating lines of credit tailored to small‐ and medium‐size enterprises.

In addition to traditional deposit and lending products, Pioneer Bankshares offers a range of treasury management and cash‐management services designed to help businesses optimize liquidity and streamline receivables and payables.