Investment analysts at StockNews.com initiated coverage on shares of Ohio Valley Banc (NASDAQ:OVBC – Get Free Report) in a report released on Tuesday. The brokerage set a “hold” rating on the bank’s stock.
Ohio Valley Banc Trading Up 1.0 %
Shares of Ohio Valley Banc stock opened at $30.64 on Tuesday. Ohio Valley Banc has a 1 year low of $19.35 and a 1 year high of $32.81. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.89 and a quick ratio of 0.89. The business has a 50 day moving average price of $26.08 and a 200 day moving average price of $25.24. The company has a market capitalization of $144.35 million, a P/E ratio of 13.21 and a beta of -0.09.
Ohio Valley Banc (NASDAQ:OVBC – Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The bank reported $0.53 earnings per share for the quarter. Ohio Valley Banc had a return on equity of 7.44% and a net margin of 12.37%.
Institutional Trading of Ohio Valley Banc
About Ohio Valley Banc
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.
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