StockNews.com began coverage on shares of Old Point Financial (NASDAQ:OPOF – Get Free Report) in a report issued on Thursday. The brokerage set a “hold” rating on the bank’s stock.
Old Point Financial Price Performance
Shares of NASDAQ:OPOF opened at $14.69 on Thursday. Old Point Financial has a 1-year low of $14.00 and a 1-year high of $23.24. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.92 and a quick ratio of 0.92. The business has a fifty day moving average price of $16.23 and a 200-day moving average price of $16.88. The company has a market capitalization of $73.74 million, a PE ratio of 9.45 and a beta of 0.20.
Old Point Financial (NASDAQ:OPOF – Get Free Report) last issued its quarterly earnings results on Tuesday, January 30th. The bank reported $0.29 earnings per share for the quarter. Old Point Financial had a return on equity of 7.51% and a net margin of 9.60%. The firm had revenue of $15.35 million during the quarter.
About Old Point Financial
Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia. It offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits.
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