OptimumBank (NASDAQ:OPHC) Now Covered by Compass Point

Compass Point assumed coverage on shares of OptimumBank (NASDAQ:OPHC) in a research note published on Thursday, Marketbeat reports. The firm issued a neutral rating and a $5.25 price target on the bank’s stock.

Separately, StockNews.com began coverage on OptimumBank in a research report on Saturday, May 18th. They set a hold rating for the company.

OptimumBank Stock Performance

Shares of NASDAQ OPHC opened at $4.30 on Thursday. The firm’s 50-day moving average price is $4.25 and its 200-day moving average price is $4.12. OptimumBank has a 52-week low of $2.80 and a 52-week high of $4.91. The company has a market cap of $41.41 million, a PE ratio of 4.22 and a beta of 0.30. 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 issued its earnings results on Friday, March 8th. The bank reported $0.35 earnings per share (EPS) for the quarter. The company had revenue of $8.19 million for the quarter. OptimumBank had a net margin of 16.43% and a return on equity of 10.53%.

Institutional Trading of OptimumBank

An institutional investor recently bought a new position in OptimumBank stock. EJF Capital LLC bought a new position in OptimumBank Holdings, Inc. (NASDAQ:OPHC) during the first quarter, according to its most recent disclosure with the SEC. The firm bought 256,410 shares of the bank’s stock, valued at approximately $1,100,000. EJF Capital LLC owned 2.66% of OptimumBank as of its most recent filing with the SEC. 7.43% of the stock is owned by institutional investors and hedge funds.

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.