American National Bankshares (NASDAQ:AMNB) has been upgraded from Mkt Perform to Outperform in a statement by KBW earlier today.
- Updated: November 29, 2016
Displaying a price of $31.65, American National Bankshares (NASDAQ:AMNB) traded 2.25% higher on the day. With the last close up 16.98% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. American National Bankshares has recorded a 50-day average of $28.55 and a two hundred day average of $27.14. Volume of trade was down over the average, with 4,469 shares of AMNB changing hands under the typical 11,572
KBW has upgraded American National Bankshares (NASDAQ:AMNB) from Mkt Perform to Outperform in a statement released on 11/29/2016.
American National Bankshares has a 52 week low of $22.29 and a 52 week high of $32.30 with a P/E ratio of 16.36 The company’s market cap is currently $0.
About American National Bankshares (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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