OptimumBank (NASDAQ:OPHC) Now Covered by StockNews.com

Research analysts at StockNews.com assumed coverage on shares of OptimumBank (NASDAQ:OPHCGet Rating) in a report released on Monday. The firm set a “hold” rating on the bank’s stock.

OptimumBank Stock Up 1.3 %

Shares of NASDAQ:OPHC opened at $4.62 on Monday. The company has a current ratio of 1.20, a quick ratio of 1.23 and a debt-to-equity ratio of 1.33. OptimumBank has a 12 month low of $3.33 and a 12 month high of $5.38. The company has a 50-day moving average price of $4.25 and a 200 day moving average price of $4.11. The company has a market cap of $31.27 million, a price-to-earnings ratio of 2.92 and a beta of 0.81.

Institutional Trading of OptimumBank

A hedge fund recently raised its stake in OptimumBank stock. BHZ Capital Management LP boosted its position in OptimumBank Holdings, Inc. (NASDAQ:OPHCGet Rating) by 210.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,673 shares of the bank’s stock after purchasing an additional 30,278 shares during the period. BHZ Capital Management LP owned approximately 0.91% of OptimumBank worth $188,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 6.86% of the company’s stock.

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.

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