Ohio Valley Banc (NASDAQ:OVBC) Now Covered by StockNews.com

Analysts at StockNews.com assumed coverage on shares of Ohio Valley Banc (NASDAQ:OVBC) in a note issued to investors on Friday. The brokerage set a “hold” rating on the bank’s stock.

Ohio Valley Banc Trading Down 2.9 %

Shares of OVBC stock opened at $23.19 on Friday. The stock has a market capitalization of $111.17 million, a price-to-earnings ratio of 9.62 and a beta of 0.03. The company’s fifty day simple moving average is $23.94 and its two-hundred day simple moving average is $23.15. Ohio Valley Banc has a 1 year low of $19.35 and a 1 year high of $25.50. 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 (NASDAQ:OVBC) last released its quarterly earnings data on Friday, July 26th. The bank reported $0.63 earnings per share (EPS) for the quarter. The company had revenue of $14.66 million for the quarter. Ohio Valley Banc had a return on equity of 7.85% and a net margin of 13.72%.

Ohio Valley Banc Company Profile

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.