American National BankShares Inc (NASDAQ:AMNB) has been downgraded to Hold in a statement by Zacks Investment Research today.
- Updated: September 21, 2016
Just yesterday American National BankShares Inc (NASDAQ:AMNB) traded 2.04% higher at $27.56. The company’s 50-day moving average is $26.80 and its 200-day moving average is $26.22. The last closing price is up 5.10% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. Volume of trade was down over the average, with 5,612 shares of AMNB changing hands under the typical 10,495
Zacks Investment Research has downgraded American National BankShares Inc (NASDAQ:AMNB) to Hold in a report released on 9/21/2016.
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American National BankShares Inc has a P/E ratio of 14.13 with a 52 week low of $22.29 and a 52 week high of $28.06 American National BankShares Inc’s market capitalization is currently $0.
More About American National BankShares Inc (NASDAQ:AMNB)
American National Bankshares Inc. is a one-bank holding company. American National Bank and Trust Company (the Bank) is the only banking subsidiary of the Company. The Company operates through two segments: community banking, and trust and investment services. Community banking involves making loans to and generating deposits from individuals and businesses. All assets and liabilities of the Company are allocated to community banking. Investment income from securities is also allocated to the community banking segment. Loan fee income, service charges from deposit accounts and non-deposit fees, such as automated teller machine fees and insurance commissions generate additional income for community banking. Trust and investment services include estate planning, trust account administration, investment management and retail brokerage. Investment management services include purchasing equity, fixed income and mutual fund investments for customer accounts.
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