Ohio Valley Banc Corp. (NASDAQ:OVBC) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $36.17 and traded as high as $36.96. Ohio Valley Banc shares last traded at $36.88, with a volume of 116 shares changing hands.

The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.37. The company has a market cap of $172.83 million, a PE ratio of 16.70 and a beta of 0.34. The stock has a fifty day simple moving average of $36.25 and a two-hundred day simple moving average of $36.16.

The firm also recently declared a quarterly dividend, which will be paid on Sunday, November 10th. Shareholders of record on Friday, October 25th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Thursday, October 24th. This represents a $0.84 annualized dividend and a yield of 2.26%.

Institutional investors and hedge funds have recently modified their holdings of the business. Marshall Wace LLP acquired a new position in Ohio Valley Banc in the 1st quarter valued at $54,000. Rhumbline Advisers raised its holdings in Ohio Valley Banc by 10.6% in the 3rd quarter. Rhumbline Advisers now owns 6,277 shares of the bank’s stock valued at $229,000 after acquiring an additional 600 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Ohio Valley Banc by 8.9% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 9,723 shares of the bank’s stock valued at $376,000 after acquiring an additional 794 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Ohio Valley Banc by 3.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 13,641 shares of the bank’s stock valued at $526,000 after acquiring an additional 457 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in Ohio Valley Banc by 14.3% in the 2nd quarter. Wells Fargo & Company MN now owns 15,981 shares of the bank’s stock valued at $617,000 after acquiring an additional 2,004 shares during the last quarter. Institutional investors own 19.20% of the company’s stock.

Ohio Valley Banc Company Profile (NASDAQ:OVBC)

Ohio Valley Banc Corp. operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services. The company operates in two segments, Banking and Consumer Finance. It accepts various deposit products, including checking, savings, time, and money market accounts, as well as individual retirement accounts, demand deposits, NOW accounts, and certificates of deposit.

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