Equities researchers at StockNews.com started coverage on shares of OptimumBank (NASDAQ:OPHC – Get Free Report) in a research note issued to investors on Wednesday. The brokerage set a “hold” rating on the bank’s stock.
OptimumBank Stock Performance
OPHC stock opened at $4.52 on Wednesday. The firm has a 50 day moving average of $4.61 and a two-hundred day moving average of $4.42. OptimumBank has a 12 month low of $3.12 and a 12 month high of $4.98. The company has a market capitalization of $43.55 million, a price-to-earnings ratio of 4.43 and a beta of 0.36. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.52.
OptimumBank (NASDAQ:OPHC – Get Free Report) last posted its earnings results on Monday, August 5th. The bank reported $0.34 EPS for the quarter. OptimumBank had a net margin of 18.24% and a return on equity of 12.66%. The firm had revenue of $9.94 million for the quarter.
Institutional Trading of OptimumBank
About OptimumBank
OptimumBank Holdings, Inc operates as the bank holding company for OptimumBank that provides various consumer and commercial banking services to individuals and businesses. It accepts demand interest-bearing and noninterest-bearing, savings, money market, and NOW accounts, as well as time deposits, wire transfers, ACH services, and certificates of deposit.
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