Summit State Bank (NASDAQ:SSBI)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.77 and traded as high as $16.25. Summit State Bank shares last traded at $16.10, with a volume of 1,703 shares changing hands.
The stock has a 50 day simple moving average of $16.46 and a 200 day simple moving average of $14.77. The stock has a market cap of $97.73 million, a price-to-earnings ratio of 10.32 and a beta of 0.82.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 21st. Shareholders of record on Friday, May 14th will be paid a $0.12 dividend. The ex-dividend date is Thursday, May 13th. This represents a $0.48 dividend on an annualized basis and a yield of 2.98%.
About Summit State Bank (NASDAQ:SSBI)
Summit State Bank provides various banking products and services to individuals and businesses primarily in Sonoma County, California. It offers personal and business checking, money market, sweep, savings, and demand accounts; time certificates of deposit; and specialized deposit accounts, such as professional, small business packaged, tiered, individual retirement, and other retirement plan accounts.
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