Mountain Commerce Bancorp, Inc. (OTCMKTS:MCBI – Get Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $18.74 and traded as high as $20.51. Mountain Commerce Bancorp shares last traded at $20.51, with a volume of 828 shares changing hands.
Mountain Commerce Bancorp Price Performance
The company’s fifty day simple moving average is $20.71 and its 200 day simple moving average is $18.74.
Mountain Commerce Bancorp Cuts Dividend
The company also recently announced a dividend, which was paid on Monday, September 2nd. Stockholders of record on Tuesday, August 6th were given a $0.05 dividend. This represents a dividend yield of 1.08%. The ex-dividend date of this dividend was Monday, August 5th. Mountain Commerce Bancorp’s payout ratio is 12.50%.
About Mountain Commerce Bancorp
Mountain Commerce Bancorp, Inc operates as the holding company for Mountain Commerce Bank that provides banking services for small- and medium-sized businesses, professionals, and affluent individuals. It offers checking and savings accounts; certificates of deposit; and mortgage loans, personal loans and lines of credit, commercial real estate loans, small business administration loans, equipment lending, operating lines of credit, and credit cards.
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