Ohio Valley Banc Corp. (NASDAQ:OVBC - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $26.57 and traded as high as $38.96. Ohio Valley Banc shares last traded at $38.30, with a volume of 18,418 shares traded.
Analyst Ratings Changes
Separately, StockNews.com began coverage on Ohio Valley Banc in a report on Tuesday, March 18th. They set a "hold" rating on the stock.
Check Out Our Latest Stock Report on Ohio Valley Banc
Ohio Valley Banc Stock Down 5.2 %
The business's 50 day simple moving average is $31.12 and its 200 day simple moving average is $26.94. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.89 and a quick ratio of 0.89. The company has a market capitalization of $169.69 million, a PE ratio of 15.53 and a beta of 0.06.
Ohio Valley Banc (NASDAQ:OVBC - Get Free Report) last released its quarterly earnings data on Friday, April 25th. The bank reported $0.94 EPS for the quarter. The firm had revenue of $16.79 million for the quarter. Ohio Valley Banc had a return on equity of 7.44% and a net margin of 12.37%.
Ohio Valley Banc Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Saturday, May 10th. Investors of record on Friday, April 25th will be issued a $0.23 dividend. This is a positive change from Ohio Valley Banc's previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a yield of 2.55%. The ex-dividend date of this dividend is Friday, April 25th. Ohio Valley Banc's payout ratio is 34.33%.
Institutional Investors Weigh In On Ohio Valley Banc
A hedge fund recently raised its stake in Ohio Valley Banc stock. Fourthstone LLC grew its position in shares of Ohio Valley Banc Corp. (NASDAQ:OVBC - Free Report) by 195.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,132 shares of the bank's stock after purchasing an additional 33,145 shares during the period. Fourthstone LLC owned approximately 1.06% of Ohio Valley Banc worth $1,214,000 as of its most recent SEC filing. 22.06% of the stock is currently owned by institutional investors.
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.
Further Reading
Before you consider Ohio Valley Banc, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ohio Valley Banc wasn't on the list.
While Ohio Valley Banc currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
