Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Plumas Bancorp before investing.

In this article, we go over a few key elements for understanding Plumas Bancorp’s stock price such as:

• Plumas Bancorp’s current stock price and volume
• Why Plumas Bancorp’s stock price changed recently
• Upgrades and downgrades for PLBC from analysts
• PLBC’s stock price momentum as measured by its relative strength

About Plumas Bancorp (PLBC)

Before we jump into Plumas Bancorp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Plumas Bancorp is a bank holding company, which operates through its subsidiary, Plumas Bank (the Bank). The Bank is a state-chartered bank, which primary service in the Northeastern portion of California, with Lake Tahoe to the south and the Oregon border to the north, and the Northwestern portion of Nevada. The Bank primarily is engaged in providing loans and investment securities. The Banks principal commercial lending services include term real estate, commercial and industrial term loans. The Bank provides government-guaranteed and agricultural loans, as well as credit lines. The Banks principal retail lending services include consumer, automobile and home equity loans. The Bank provides land development and construction loans on a limited basis. The Bank has over 157 branch offices and 19 automated teller machines. The Bank also operates a lending office in Auburn, California and commercial/agricultural lending offices located in Chico, California and Klamath Falls, Oregon.

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Plumas Bancorp’s Stock Price as of Market Close

As of September 27, 2024, 4:00 PM, CST, Plumas Bancorp’s stock price was $41.44.

Plumas Bancorp is up 4.28% from its previous closing price of $39.74.

During the last market session, Plumas Bancorp’s stock traded between $39.59 and $42.10. Currently, there are 5.90 million shares of Plumas Bancorp stock available for purchase.

Plumas Bancorp’s price-earnings (P/E) ratio is currently at 8.3, which is low compared to the Banks industry median of 12. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Plumas Bancorp Stock Price History

Plumas Bancorp’s (PLBC) price is currently up 1.59% so far this month.

During the month of September, Plumas Bancorp’s stock price has reached a high of $43.76 and a low of $38.99.

Over the last year, Plumas Bancorp has hit prices as high as $45.00 and as low as $32.50. Year to date, Plumas Bancorp’s stock is up 11.85%.

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What Caused Plumas Bancorp Stock’s Price to Rise?

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?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 26, 2024, there were 0 analysts who downgraded Plumas Bancorp’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Plumas Bancorp’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 Plumas Bancorp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Plumas Bancorp’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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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 Plumas Bancorp (PLBC) by visiting AAII Stock Evaluator.

Relative Price Strength of Plumas Bancorp

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 September 26, 2024, Plumas Bancorp has a weighted four-quarter relative price strength of -1.66%, which translates to a Momentum Score of 57 and is considered to be Average.

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Plumas Bancorp Stock Price: Bottom Line

As of September 27, 2024, Plumas Bancorp’s stock price is $41.44, which is up 4.28% 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 Plumas Bancorp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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