OptimumBank (NASDAQ:OPHC) Earns Hold Rating from Analysts at StockNews.com

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

Separately, Compass Point began coverage on OptimumBank in a research note on Thursday, May 23rd. They set a neutral rating and a $5.25 target price for the company.

OptimumBank Price Performance

OPHC stock opened at $4.48 on Monday. The business has a 50 day moving average price of $4.39 and a 200 day moving average price of $4.34. The stock has a market cap of $43.16 million, a price-to-earnings ratio of 4.39 and a beta of 0.40. OptimumBank has a fifty-two week low of $2.85 and a fifty-two week high of $4.91. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.64.

OptimumBank (NASDAQ:OPHC) last posted its earnings results on Monday, May 13th. The bank reported $0.31 earnings per share for the quarter. The firm had revenue of $8.99 million during the quarter. OptimumBank had a return on equity of 10.53% and a net margin of 16.43%.

Institutional Investors Weigh In On OptimumBank

An institutional investor recently bought a new position in OptimumBank stock. EJF Capital LLC acquired a new stake in OptimumBank Holdings, Inc. (NASDAQ:OPHC) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 256,410 shares of the bank’s stock, valued at approximately $1,100,000. EJF Capital LLC owned about 2.66% of OptimumBank at the end of the most recent quarter. 7.43% of the stock is owned by institutional investors.

OptimumBank Company Profile

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, and NOW accounts, as well as time deposits, wire transfers, ACH services, and certificates of deposit.