Ohio Valley Banc (NASDAQ:OVBC) Receives New Coverage from Analysts at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Ohio Valley Banc (NASDAQ:OVBC) in a report released on Sunday. The firm set a “hold” rating on the bank’s stock.

Ohio Valley Banc Stock Up 1.3 %

NASDAQ:OVBC opened at $23.44 on Friday. The stock’s fifty day moving average price is $23.35 and its two-hundred day moving average price is $23.15. The company has a market cap of $110.40 million, a price-to-earnings ratio of 9.73 and a beta of 0.03. Ohio Valley Banc has a 52-week low of $19.35 and a 52-week high of $25.50. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.95 and a current ratio of 0.95.

Ohio Valley Banc (NASDAQ:OVBC) last announced its earnings results on Friday, July 26th. The bank reported $0.63 earnings per share 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

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.