Ohio Valley declares $0.22 dividend
Seeking Alpha News (Wed, 17-Apr 4:14 PM ET)
PRNewswire (Wed, 17-Apr 2:34 PM ET)
Seth Michael Joins Ohio Valley Bank Board of Directors
PRNewswire (Wed, 20-Mar 3:44 PM ET)
Ohio Valley Banc Corp. Reports 4th Quarter and Fiscal Year Earnings
PRNewswire (Thu, 25-Jan 3:25 PM ET)
Ohio Valley Banc Corporation is a financial holding company. The bank is a full-service financial institution offering a blend of commercial and consumer banking services within Southeastern Ohio as well as western West Virginia. The banking services offered by the bank include the acceptance of deposits in checking, savings, time and money market accounts; the making and servicing of personal, commercial, and student loans; and the making of construction and real estate loans. It also offers individual retirement accounts, safe deposit boxes, wire transfers and other standard banking products and services. The bank segmented its operating activities into two reportable segments, Banking and Consumer Finance. The majority of its total revenue is derived from the Banking segment.
Ohio Valley Banc Corp. trades on the NASDAQ stock market under the symbol OVBC.
As of April 17, 2024, OVBC stock price was flat at $23.99 with 269 million shares trading.
OVBC has a market cap of $115.00 million. This is considered a Micro Cap stock.
In the last 3 years, OVBC stock traded as high as $32.49 and as low as $21.67.
The top ETF exchange traded funds that OVBC belongs to (by Net Assets): VXF, ITOT, IWC, BSVO, DFAC.
OVBC stock has underperformed the market in the last year with a return of +2.1%, while SPY returned +23.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in OVBC shares. However, OVBC has outperformed the market in the last 3 month and 2 week periods, returning +6.0% and +0.2%, while SPY returned +5.7% and -3.5%, respectively. This indicates OVBC has been having a stronger performance recently.
OVBC support price is $23.21 and resistance is $24.77 (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 OVBC stock will trade within this expected range on the day.