StockNews.com began coverage on shares of Ohio Valley Banc (NASDAQ:OVBC – Free Report) in a research report released on Thursday morning. The brokerage issued a hold rating on the bank’s stock.
Ohio Valley Banc Trading Up 0.9 %
Ohio Valley Banc stock opened at $22.80 on Thursday. Ohio Valley Banc has a one year low of $21.67 and a one year high of $25.95. The stock has a market cap of $109.21 million, a PE ratio of 9.46 and a beta of 0.11. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a 50-day moving average of $23.92 and a two-hundred day moving average of $23.75.
Ohio Valley Banc Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, May 10th. Shareholders of record on Friday, April 26th will be issued a $0.22 dividend. The ex-dividend date is Thursday, April 25th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.86%. Ohio Valley Banc’s dividend payout ratio is currently 36.51%.
Institutional Investors Weigh In On Ohio Valley Banc
About Ohio Valley Banc
Ohio Valley Banc Corp. operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services. The company operates in two segments, Banking and Consumer Finance. It accepts various deposit products, including checking, savings, time, and money market accounts, as well as individual retirement accounts, demand deposits, NOW accounts, and certificates of deposit.
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