OptimumBank (NASDAQ:OPHC) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of OptimumBank (NASDAQ:OPHCGet Rating) in a research report released on Monday. The firm issued a hold rating on the bank’s stock.

OptimumBank Stock Up 1.9 %

Shares of OptimumBank stock opened at $3.80 on Monday. OptimumBank has a 1 year low of $3.33 and a 1 year high of $7.08. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.09 and a quick ratio of 1.09. The stock has a market cap of $18.61 million, a price-to-earnings ratio of 2.29 and a beta of 0.97. The firm’s 50-day moving average is $3.97 and its two-hundred day moving average is $4.12.

OptimumBank (NASDAQ:OPHCGet Rating) last released its quarterly earnings data on Wednesday, May 11th. The bank reported $0.17 earnings per share (EPS) for the quarter. The firm had revenue of $3.88 million for the quarter. OptimumBank had a net margin of 48.13% and a return on equity of 18.12%.

Institutional Investors Weigh In On OptimumBank

A hedge fund recently bought a new stake in OptimumBank stock. BHZ Capital Management LP purchased a new stake in OptimumBank Holdings, Inc. (NASDAQ:OPHCGet Rating) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 14,395 shares of the bank’s stock, valued at approximately $57,000. BHZ Capital Management LP owned approximately 0.30% of OptimumBank as of its most recent filing with the SEC. 5.27% of the stock is owned by hedge funds and other institutional investors.

About OptimumBank

(Get Rating)

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, NOW, and time deposit accounts, as well as certificates of deposit; and offers residential and commercial real estate, multi-family real estate, commercial, land and construction, and consumer loans, as well as lending lines for working capital needs.

Further Reading

Receive News & Ratings for OptimumBank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OptimumBank and related companies with MarketBeat.com's FREE daily email newsletter.