OptimumBank (NASDAQ:OPHC) Coverage Initiated by Analysts at StockNews.com

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

OptimumBank Price Performance

Shares of NASDAQ OPHC opened at $3.80 on Monday. OptimumBank has a 1-year low of $3.33 and a 1-year high of $7.08. The stock’s 50-day moving average is $3.97 and its two-hundred day moving average is $4.12. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market cap of $18.61 million, a price-to-earnings ratio of 2.29 and a beta of 0.97.

OptimumBank (NASDAQ:OPHCGet Rating) last announced its quarterly earnings results on Wednesday, May 11th. The bank reported $0.17 earnings per share (EPS) for the quarter. The company had revenue of $3.88 million during the quarter. OptimumBank had a return on equity of 18.12% and a net margin of 48.13%.

Institutional Trading of OptimumBank

A hedge fund recently bought a new stake in OptimumBank stock. BHZ Capital Management LP purchased a new position in shares of OptimumBank Holdings, Inc. (NASDAQ:OPHCGet Rating) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 14,395 shares of the bank’s stock, valued at approximately $57,000. BHZ Capital Management LP owned about 0.30% of OptimumBank as of its most recent SEC filing. 5.27% of the stock is currently owned by hedge funds and other institutional investors.

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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