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

Posted by Amy Steele on Feb 6th, 2025

Investment analysts at StockNews.com started coverage on shares of Ohio Valley Banc (NASDAQ:OVBC – Get Free Report) in a report issued on Thursday. The firm set a “hold” rating on the bank’s stock.

Ohio Valley Banc Price Performance

Shares of OVBC opened at $23.25 on Thursday. The stock has a market cap of $109.51 million, a PE ratio of 10.02 and a beta of 0.06. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.89 and a current ratio of 0.89. Ohio Valley Banc has a fifty-two week low of $19.35 and a fifty-two week high of $28.00. The firm’s 50-day simple moving average is $24.69 and its two-hundred day simple moving average is $24.35.

Ohio Valley Banc (NASDAQ:OVBC – Get Free Report) last announced its quarterly earnings data on Tuesday, January 28th. The bank reported $0.53 earnings per share for the quarter. Ohio Valley Banc had a net margin of 12.37% and a return on equity of 7.44%.

Institutional Investors Weigh In On Ohio Valley Banc

An institutional investor recently bought a new position in Ohio Valley Banc stock. Empowered Funds LLC purchased a new stake in shares of Ohio Valley Banc Corp. (NASDAQ:OVBC – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 8,418 shares of the bank’s stock, valued at approximately $204,000. Empowered Funds LLC owned about 0.18% of Ohio Valley Banc as of its most recent SEC filing. 22.06% of the stock is currently 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.