Research analysts at StockNews.com initiated coverage on shares of OptimumBank (NASDAQ:OPHC – Get Free Report) in a research note issued to investors on Friday. The firm set a “hold” rating on the bank’s stock.
OptimumBank Price Performance
Shares of OptimumBank stock opened at $4.60 on Friday. The company’s fifty day simple moving average is $4.60 and its two-hundred day simple moving average is $4.45. OptimumBank has a 12-month low of $3.12 and a 12-month high of $4.98. The firm has a market cap of $44.53 million, a PE ratio of 3.90 and a beta of 0.36. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.52.
OptimumBank (NASDAQ:OPHC – Get Free Report) last announced its earnings results on Monday, August 5th. The bank reported $0.34 EPS for the quarter. OptimumBank had a return on equity of 12.66% and a net margin of 18.24%. The company had revenue of $9.94 million during the quarter.
Institutional Inflows and Outflows
About OptimumBank
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.
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