Ohio Valley Banc (NASDAQ:OVBC) Earns Hold Rating from Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Ohio Valley Banc (NASDAQ:OVBC - Get Free Report) in a research note issued on Friday. The brokerage set a "hold" rating on the bank's stock.

Ohio Valley Banc Price Performance

NASDAQ:OVBC traded down $0.91 during mid-day trading on Friday, hitting $23.19. The company's stock had a trading volume of 633 shares, compared to its average volume of 3,394. The company has a market capitalization of $111.17 million, a price-to-earnings ratio of 10.00 and a beta of 0.03. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.35. Ohio Valley Banc has a fifty-two week low of $19.35 and a fifty-two week high of $25.50. The stock has a fifty day moving average of $23.95 and a 200-day moving average of $23.15.

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

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.