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

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

Ohio Valley Banc Stock Up 2.6 %

Shares of NASDAQ:OVBC opened at $23.80 on Wednesday. The business has a 50-day moving average price of $23.99 and a 200 day moving average price of $23.16. 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 market capitalization of $112.10 million, a price-to-earnings ratio of 10.08 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 data 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 return on equity of 7.85% and a net margin of 13.72%.

Ohio Valley Banc Company Profile

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.