Equities research analysts at StockNews.com initiated coverage on shares of Old Point Financial (NASDAQ:OPOF – Get Free Report) in a research report issued on Wednesday. The firm set a “hold” rating on the bank’s stock.
Old Point Financial Trading Down 0.1 %
Shares of NASDAQ OPOF opened at $30.10 on Wednesday. The stock has a market cap of $152.85 million, a price-to-earnings ratio of 16.01 and a beta of 0.17. The business has a 50 day simple moving average of $27.37 and a 200 day simple moving average of $23.20. Old Point Financial has a 52 week low of $13.49 and a 52 week high of $30.95. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.92 and a current ratio of 0.92.
Old Point Financial (NASDAQ:OPOF – Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The bank reported $0.57 EPS for the quarter. Old Point Financial had a return on equity of 8.56% and a net margin of 11.08%.
Hedge Funds Weigh In On Old Point Financial
About Old Point Financial
Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia. It offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits.
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