Coastal Banking Company (OTCQX:CBCO) is extremely pleased to announce that they have been named one of 50 companies to be named to the OTCQX Best 50 top performing companies traded on the OTCQX Best Marketplace last year. The OTCQX Best 50 is the first annual ranking of U.S. and international companies that performed the strongest in the OTCQX marketplace.
These rankings are compiled based on an equal weighting of one-year share price performance and average daily dollar growth in the previous calendar year. All of the companies that made the list were traded on the OTCQX on December 31,2014.
“We are gratified to be named to the 2015 OTCQX(R) Best 50,” said Michael G. Sanchez, chief executive officer. “This distinction is a testament to the performance of our company, and our people, in delivering strong operating results over the past year. The increased exposure gained from trading on the OTCQX marketplace, combined with the improved liquidity and price stability of our stock, along with our strong, steady earnings, continue to benefit our shareholders.”
In order to qualify for OTCQX, a company must meet high financial standards, demonstrate compliance with U.S. security laws, be current in their disclosure and be sponsored by a professional third party advisor. OTCQX companies are distinguished by the excellence of their operations and diligence with which they convey their qualifications.