OPOF Stock Summary and Trading Ideas (Old Point Financial | NASDAQ:OPOF)

Old Point Financial Corp functions in the financial services domain in the United States. As the holding company of The Bank and Trust, it is a nationally chartered trust and wealth management service, provider. Its suite of services includes commercial banking solutions such as loan, deposit and cash management, which are rendered through a chain of branches throughout the country. It operates through segments such as Bank, Wealth and Company.

Old Point Financial trades on the NASDAQ stock market under the symbol OPOF.

As of December 12, 2024, OPOF stock price was flat at $24.00 with 211 million shares trading.

OPOF has a market cap of $121.81 million. This is considered a Micro Cap stock.

In the last 3 years, OPOF traded as high as $29.06 and as low as $13.49.

The top ETF exchange traded funds that OPOF belongs to (by Net Assets): VXF, BSVO, IWC, DFAC, DCOR.

OPOF has outperformed the market in the last year with a price return of +46.3% while the SPY ETF gained +32.5%. OPOF has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +35.8% and +8.7%, respectively, while the SPY returned +9.5% and +1.1%, respectively.

OPOF support price is $23.12 and resistance is $24.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OPOF shares will trade within this expected range on the day.