OptimumBank (OPHC) Stock Rating Upgraded by ValuEngine

OptimumBank (NASDAQ:OPHC) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a research note issued on Wednesday.

Separately, TheStreet raised shares of OptimumBank from a “d” rating to a “c” rating in a report on Friday, September 7th.

NASDAQ OPHC traded up $0.15 during trading on Wednesday, reaching $4.65. The company’s stock had a trading volume of 200 shares, compared to its average volume of 3,434. The company has a debt-to-equity ratio of 6.25, a current ratio of 1.47 and a quick ratio of 1.47. OptimumBank has a 12 month low of $1.85 and a 12 month high of $13.96.

OptimumBank (NASDAQ:OPHC) last posted its quarterly earnings data on Tuesday, August 14th. The bank reported $1.35 earnings per share (EPS) for the quarter. The firm had revenue of $0.79 million during the quarter. OptimumBank had a net margin of 32.52% and a return on equity of 45.04%.

OptimumBank Company Profile

OptimumBank Holdings, Inc operates as the bank holding company for OptimumBank that provides a range of consumer and commercial banking services to individuals and businesses. The company 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, commercial, and consumer loans, as well as lending lines for working capital needs.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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