Ohio Valley Banc (NASDAQ:OVBC) Coverage Initiated at StockNews.com

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

Ohio Valley Banc Stock Up 1.0 %

Shares of NASDAQ:OVBC opened at $24.49 on Tuesday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.35. The company has a fifty day simple moving average of $24.02 and a 200 day simple moving average of $23.17. The firm has a market cap of $115.35 million, a PE ratio of 10.16 and a beta of 0.03. Ohio Valley Banc has a 12-month low of $19.35 and a 12-month high of $25.50.

Ohio Valley Banc (NASDAQ:OVBC) last issued its quarterly 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 net margin of 13.72% and a return on equity of 7.85%.

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.