Mission Valley Bancorp (OTCMKTS:MVLY) Shares Down 1% – Here’s What Happened

by · The Markets Daily

Shares of Mission Valley Bancorp (OTCMKTS:MVLYGet Free Report) dropped 1% during mid-day trading on Monday . The stock traded as low as $18.25 and last traded at $18.25. Approximately 400 shares changed hands during trading, an increase of 1,809% from the average daily volume of 21 shares. The stock had previously closed at $18.44.

Mission Valley Bancorp Trading Down 1.0%

The company has a 50 day moving average of $17.57 and a 200-day moving average of $16.77. The firm has a market capitalization of $61.14 million, a P/E ratio of 7.64 and a beta of 0.20.

Mission Valley Bancorp (OTCMKTS:MVLYGet Free Report) last posted its earnings results on Monday, February 2nd. The company reported $0.93 earnings per share for the quarter. The firm had revenue of $11.90 million for the quarter.

Mission Valley Bancorp Company Profile

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Mission Valley Bancorp is the bank holding company for Mission Valley Bank, a state-chartered community bank headquartered in California. As a financial services organization, it operates under regulatory oversight as an OTC-listed entity, offering a range of banking solutions tailored to the needs of local consumers and businesses.

The company’s core activities include accepting deposits through checking, savings and money market accounts, as well as providing various loan products such as commercial real estate financing, small business loans, residential mortgages and consumer lines of credit.

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