Ohio Valley Banc (NASDAQ:OVBC) Receives New Coverage from Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Ohio Valley Banc (NASDAQ:OVBC) in a report issued on Wednesday. The brokerage set a “hold” rating on the bank’s stock.

Ohio Valley Banc Trading Down 0.1 %

Shares of NASDAQ:OVBC opened at $23.20 on Wednesday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.35. Ohio Valley Banc has a 52-week low of $19.35 and a 52-week high of $25.50. The stock has a market cap of $109.27 million, a price-to-earnings ratio of 9.63 and a beta of 0.03. The business has a 50-day moving average price of $24.04 and a 200-day moving average price of $23.17.

Ohio Valley Banc (NASDAQ:OVBC) last issued its quarterly earnings results on Friday, July 26th. The bank reported $0.63 earnings per share for the quarter. Ohio Valley Banc had a net margin of 13.72% and a return on equity of 7.85%. The company had revenue of $14.66 million for the quarter.

Ohio Valley Banc Company Profile

Ohio Valley Banc Corp. operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services. The company operates in two segments, Banking and Consumer Finance. It accepts various deposit products, including checking, savings, time, and money market accounts, as well as individual retirement accounts, demand deposits, NOW accounts, and certificates of deposit.