Shares of Malaga Financial Corp. (OTCMKTS:MLGF – Get Free Report) shot up 0% during trading on Monday. The stock traded as high as $22.69 and last traded at $22.69. Approximately 300 shares were traded during trading, a decline of 70% from the average daily volume of 1,014 shares. The stock had previously closed at $22.68.
Malaga Financial Trading Down 0.5%
The firm has a market capitalization of $224.81 million, a PE ratio of 9.71 and a beta of 0.07. The business’s 50 day simple moving average is $22.32 and its 200 day simple moving average is $21.95.
Malaga Financial (OTCMKTS:MLGF – Get Free Report) last announced its earnings results on Friday, October 16th. The company reported $0.63 earnings per share (EPS) for the quarter.
About Malaga Financial
Malaga Financial Corporation was a financial services holding company for Malaga Bank, a federally chartered savings bank headquartered in Palos Verdes Estates, California. The bank served individuals, families and businesses primarily in the South Bay and surrounding communities of Los Angeles County. Malaga Bank’s principal activities included gathering deposits and originating loans, with an emphasis on residential real estate lending. Its products and services also included commercial real estate loans, consumer lending and other traditional community-banking services.
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