Pioneer Bankshares (OTCMKTS:PNBI) Shares Up 3.6% – Should You Buy?

Pioneer Bankshares Inc. (OTCMKTS:PNBI) shares shot up 3.6% on Thursday . The company traded as high as $35.20 and last traded at $35.20. 100 shares traded hands during trading, a decline of 74% from the average session volume of 392 shares. The stock had previously closed at $33.98.

Pioneer Bankshares Stock Performance

The company has a market cap of $35.55 million, a PE ratio of 9.89 and a beta of 0.11. The stock has a 50 day moving average of $33.68 and a 200-day moving average of $31.49.

About Pioneer Bankshares

Pioneer Bankshares, Inc is the bank holding company for Pioneer Bank, a locally focused community banking organization serving residents and businesses in the Mid‐Atlantic region. Through its subsidiary, the company provides a full suite of commercial and retail banking services, including checking and savings accounts, certificates of deposit, and money market instruments. Pioneer Bank’s commercial lending portfolio encompasses commercial real estate, construction, equipment financing, and operating lines of credit tailored to small‐ and medium‐size enterprises.

In addition to traditional deposit and lending products, Pioneer Bankshares offers a range of treasury management and cash‐management services designed to help businesses optimize liquidity and streamline receivables and payables.