Do Traders Think Plumas Bancorp (PLBC) Can Keep Climbing Friday?

Plumas Bancorp (PLBC) stock is up 7.29% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Plumas Bancorp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PLBC!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With PLBC Stock Today?

Plumas Bancorp (PLBC) stock is up 1.48% while the S&P 500 is down -0.65% as of 1:14 PM on Friday, Dec 2. PLBC has risen $0.53 from the previous closing price of $36.09 on volume of 8,689 shares. Over the past year the S&P 500 is lower by -10.26% while PLBC has risen 4.96%. PLBC earned $4.09 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.96. To screen for more stocks like Plumas Bancorp click here.

More About Plumas Bancorp

Plumas Bancorp is a bank holding company that provides various banking products and services in Northeastern California and Northwestern Nevada. It provides various deposit products such as checking, interest-bearing checking, business sweep, public funds sweep, savings, time deposit, and retirement account. The bank's loan portfolio consists of commercial real estate loans; commercial and industrial loans; consumer loans; agricultural loans; residential real estate loans, and construction and land development loans. The bank primarily generates revenue from loans and investment securities in its portfolio and, to a lesser extent, service fees. Click Here to get the full Stock Report for Plumas Bancorp stock.