Pacific Alliance Bank (OTCMKTS:PFBN) Trading Up 2% – Here’s Why

Pacific Alliance Bank (OTCMKTS:PFBNGet Free Report) was up 2% during trading on Tuesday . The stock traded as high as $8.4275 and last traded at $8.4275. Approximately 200 shares changed hands during mid-day trading, an increase of 166% from the average daily volume of 75 shares. The stock had previously closed at $8.26.

Pacific Alliance Bank Stock Down 0.0%

The business has a fifty day simple moving average of $8.27 and a two-hundred day simple moving average of $8.29.

About Pacific Alliance Bank

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Pacific Alliance Bank is a full-service commercial bank headquartered in Los Angeles, California. Established in 2001, the institution specializes in serving small to medium-sized businesses, with a particular focus on facilitating cross-border trade between the United States and Asian markets. Through its parent holding company, Pacific Alliance Bancorp, the bank has developed expertise in trade finance and foreign exchange services designed to support importers and exporters.

The bank’s product portfolio includes business deposit accounts, cash management solutions, commercial real estate lending, lines of credit and construction financing.

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