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

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

Separately, Compass Point assumed coverage on OptimumBank in a report on Thursday, May 23rd. They issued a neutral rating and a $5.25 price target on the stock.

OptimumBank Price Performance

Shares of OPHC opened at $4.48 on Monday. The firm has a market cap of $43.16 million, a price-to-earnings ratio of 4.39 and a beta of 0.40. The stock has a 50 day moving average of $4.39 and a 200-day moving average of $4.34. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.64. OptimumBank has a 52 week low of $2.85 and a 52 week high of $4.91.

OptimumBank (NASDAQ:OPHC) last issued its earnings results on Monday, May 13th. The bank reported $0.31 EPS for the quarter. The company 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 Trading of OptimumBank

A hedge fund recently bought a new stake in OptimumBank stock. EJF Capital LLC bought a new stake in shares of OptimumBank Holdings, Inc. (NASDAQ:OPHC) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 256,410 shares of the bank’s stock, valued at approximately $1,100,000. EJF Capital LLC owned approximately 2.66% of OptimumBank at the end of the most recent reporting period. Institutional investors and hedge funds own 7.43% of the company’s stock.

About OptimumBank

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.