Ohio Valley Banc Corp. (NASDAQ:OVBC - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $25.75 and traded as high as $28.44. Ohio Valley Banc shares last traded at $27.46, with a volume of 3,553 shares traded.
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on shares of Ohio Valley Banc in a report on Tuesday, March 18th. They set a "hold" rating on the stock.
Read Our Latest Report on Ohio Valley Banc
Ohio Valley Banc Stock Down 3.0 %
The firm has a market capitalization of $135.68 million, a price-to-earnings ratio of 12.41 and a beta of 0.06. The stock has a fifty day moving average of $28.40 and a two-hundred day moving average of $25.90. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.89 and a quick ratio of 0.89.
Ohio Valley Banc (NASDAQ:OVBC - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The bank reported $0.53 earnings per share (EPS) for the quarter. Ohio Valley Banc had a return on equity of 7.44% and a net margin of 12.37%.
Ohio Valley Banc Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, February 10th. Investors of record on Friday, January 24th were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, January 24th. This represents a $0.88 annualized dividend and a dividend yield of 3.06%. Ohio Valley Banc's payout ratio is 37.93%.
Institutional Investors Weigh In On Ohio Valley Banc
An institutional investor recently raised its position in Ohio Valley Banc stock. Fourthstone LLC increased its stake in Ohio Valley Banc Corp. (NASDAQ:OVBC - Free Report) by 195.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,132 shares of the bank's stock after acquiring an additional 33,145 shares during the quarter. Fourthstone LLC owned 1.06% of Ohio Valley Banc worth $1,214,000 at the end of the most recent reporting period. 22.06% of the stock is owned by institutional investors and hedge funds.
Ohio Valley Banc Company Profile
(
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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