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Monday, August 27, 2007

Stock Hits 52-week High: $19,800 per share

Mechanics Bank (MCHB.OB), a Richmond, California based bank traded at $19,800 per share earlier this month. It is one of the most expensive stocks, lower than the Berkshire Hathaway Inc. (BRK-A) A shares, but higher than the Berkshire Hathaway (BRK-B) B shares. (A list of other high priced shares can be found at InvestmentTrivia.com.)

Mechanics Bank has a price to earnings ratio of 14.34, a price sales ratio of 3.21, and a yield of 1.5%.

Author does not own any of the above.

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