Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate American National BankShares Inc before investing.

In this article, we go over a few key elements for understanding American National BankShares Inc’s stock price such as:

• American National BankShares Inc’s current stock price and volume
• Why American National BankShares Inc’s stock price changed recently
• Upgrades and downgrades for AMNB from analysts
• AMNB’s stock price momentum as measured by its relative strength

About American National BankShares Inc (AMNB)

Before we jump into American National BankShares Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

American National Bankshares Inc. is a one-bank holding company. American National Bank and Trust Company (the Bank) is a banking subsidiary of the Company. It offers a variety of retail, commercial, secondary market mortgage lending, and trust and investment services, which also include non-deposit products, such as mutual funds and insurance policies. It operates through two segments: community banking and wealth management. The community banking segment involves making loans to and generating deposits from individuals and businesses. The wealth management includes estate planning, trust account administration, investment management, and retail brokerage. Investment management includes purchasing equity, fixed income, and mutual fund investments for customer accounts. The Bank provides a range of financial products and services, including commercial, mortgage, and consumer banking, trust and investment services, and insurance. It also offers online banking and telephone banking.

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American National BankShares Inc’s Stock Price as of Market Close

As of February 13, 2024, 4:00 PM, CST, American National BankShares Inc’s stock price was $43.57.

American National BankShares Inc is down 6% from its previous closing price of $46.35.

During the last market session, American National BankShares Inc’s stock traded between $45.29 and $46.86. Currently, there are 10.63 million shares of American National BankShares Inc stock available for purchase.

American National BankShares Inc’s price-earnings (P/E) ratio is currently at 18.8, which is high compared to the Banks industry median of 9.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

American National BankShares Inc Stock Price History

American National BankShares Inc’s (AMNB) price is currently down 3.8% so far this month.

During the month of February, American National BankShares Inc’s stock price has reached a high of $46.86 and a low of $42.71.

Over the last year, American National BankShares Inc has hit prices as high as $50.76 and as low as $25.26. Year to date, American National BankShares Inc’s stock is up 17.98%.

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What Caused American National BankShares Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of February 12, 2024,, no analysts have changed their rating of American National BankShares Inc’s stock over the last month.

Additionally, you'll want to evaluate American National BankShares Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on American National BankShares Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

American National BankShares Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about American National BankShares Inc (AMNB) by visiting AAII Stock Evaluator.

Relative Price Strength of American National BankShares Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 12, 2024, American National BankShares Inc has a weighted four-quarter relative price strength of 4.70%, which translates to a Momentum Score of 80 and is considered to be Strong.

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American National BankShares Inc Stock Price: Bottom Line

As of February 13, 2024, American National BankShares Inc’s stock price is $43.57, which is down 6% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like American National BankShares Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.