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

Equities researchers at StockNews.com started coverage on shares of OptimumBank (NASDAQ:OPHC – Get Rating) in a note issued to investors on Sunday. The brokerage set a “hold” rating on the bank’s stock.

OptimumBank Trading Up 1.3 %

OptimumBank stock opened at $3.90 on Friday. The firm has a 50-day moving average of $4.05 and a 200-day moving average of $4.19. OptimumBank has a one year low of $3.33 and a one year high of $4.80. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market cap of $26.40 million, a price-to-earnings ratio of 2.47 and a beta of 0.50.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in OptimumBank stock. Susquehanna International Group LLP bought a new stake in OptimumBank Holdings, Inc. (NASDAQ:OPHC – Get Rating) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,508 shares of the bank’s stock, valued at approximately $55,000. Susquehanna International Group LLP owned 0.20% of OptimumBank as of its most recent SEC filing. 4.20% of the stock is owned by institutional investors.

About OptimumBank

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OptimumBank Holdings, Inc is a bank holding company for OptimumBank, which offers a variety of community banking services to individual and corporate customers through OptimumBank. Its services include savings, deposits, checking, cash management services, business checking, online banking, and ATM networks.