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

Equities research analysts at StockNews.com began coverage on shares of Ohio Valley Banc (NASDAQ:OVBC) in a report released on Friday. The firm set a “hold” rating on the bank’s stock.

Ohio Valley Banc Price Performance

Shares of Ohio Valley Banc stock opened at $24.79 on Friday. The firm has a market capitalization of $118.84 million, a PE ratio of 10.29 and a beta of 0.05. 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 12 month low of $19.35 and a 12 month high of $25.50. The business’s 50-day moving average price is $22.43 and its 200-day moving average price is $23.28.

Ohio Valley Banc (NASDAQ:OVBC) last announced its quarterly earnings data on Friday, July 26th. The bank reported $0.63 earnings per share 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%.

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.