OptimumBank Holdings, Inc. (NASDAQ:OPHC - Get Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $4.46 and traded as low as $4.39. OptimumBank shares last traded at $4.40, with a volume of 3,450 shares traded.
Analyst Ratings Changes
Separately, Wall Street Zen began coverage on OptimumBank in a research report on Sunday, May 18th. They set a "hold" rating on the stock.
Check Out Our Latest Stock Analysis on OPHC
OptimumBank Trading Down 0.2%
The stock's 50-day simple moving average is $4.36 and its two-hundred day simple moving average is $4.46. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a market capitalization of $51.70 million, a P/E ratio of 3.33 and a beta of 0.49.
Institutional Investors Weigh In On OptimumBank
Institutional investors have recently bought and sold shares of the business. Alliancebernstein L.P. lifted its position in shares of OptimumBank by 20.7% in the fourth quarter. Alliancebernstein L.P. now owns 360,691 shares of the bank's stock valued at $1,717,000 after acquiring an additional 61,971 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of OptimumBank by 17.1% during the fourth quarter. Renaissance Technologies LLC now owns 136,473 shares of the bank's stock worth $650,000 after purchasing an additional 19,971 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in OptimumBank by 4.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 66,086 shares of the bank's stock valued at $315,000 after purchasing an additional 2,611 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in OptimumBank by 24.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 28,809 shares of the bank's stock worth $118,000 after purchasing an additional 5,720 shares in the last quarter. Hedge funds and other institutional investors own 7.43% of the company's stock.
About OptimumBank
(
Get Free Report)
OptimumBank Holdings, Inc operates as the bank holding company for OptimumBank that provides various consumer and commercial banking services to individuals and businesses. It accepts demand interest-bearing and noninterest-bearing, savings, money market, and NOW accounts, as well as time deposits, wire transfers, ACH services, and certificates of deposit.
Further Reading
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