StockNews.com Initiates Coverage on Ohio Valley Banc (NASDAQ:OVBC)

StockNews.com began coverage on shares of Ohio Valley Banc (NASDAQ:OVBCGet Free Report) in a report released on Monday. The firm set a “hold” rating on the bank’s stock.

Ohio Valley Banc Stock Performance

Shares of NASDAQ:OVBC opened at $24.53 on Monday. The business has a 50-day moving average of $23.80 and a two-hundred day moving average of $23.16. The firm has a market capitalization of $117.60 million, a PE ratio of 10.18 and a beta of 0.03. 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 has a 12 month low of $19.35 and a 12 month high of $25.50.

Ohio Valley Banc (NASDAQ:OVBCGet Free Report) last posted its earnings results on Friday, July 26th. The bank reported $0.63 earnings per share (EPS) for the quarter. The firm 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

(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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