Research analysts at StockNews.com assumed coverage on shares of Ohio Valley Banc (NASDAQ:OVBC - Get Free Report) in a note issued to investors on Saturday. The firm set a "hold" rating on the bank's stock.
Ohio Valley Banc Trading Down 2.0 %
NASDAQ OVBC traded down $0.49 on Friday, hitting $23.56. 2,316 shares of the company were exchanged, compared to its average volume of 3,112. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.95 and a quick ratio of 0.95. Ohio Valley Banc has a twelve month low of $19.35 and a twelve month high of $25.50. The firm has a market capitalization of $110.97 million, a P/E ratio of 9.54 and a beta of 0.03. The company's 50 day moving average price is $23.95 and its 200-day moving average price is $23.14.
Ohio Valley Banc (NASDAQ:OVBC - Get Free Report) last released its quarterly earnings results on Monday, October 28th. The bank reported $0.58 earnings per share (EPS) for the quarter. Ohio Valley Banc had a net margin of 13.66% and a return on equity of 8.06%. The business had revenue of $22.26 million for the quarter. During the same quarter in the prior year, the firm earned $0.47 EPS.
About Ohio Valley Banc
(
Get Free Report)
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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