Worth Watching Stock for Traders: Ohio Valley Banc Corp. (NASDAQ:OVBC)

Ohio Valley Banc Corp. (NASDAQ:OVBC) changed 3.50% to recent value of $36.64. The stock transacted 3472 shares during most recent day however it has an average volume of 5.29K shares. It spotted trading -11.65% off 52-week high price. On the other end, the stock has been noted 38.53% away from the low price over the last 52-weeks.

On Oct. 15, 2019, Ohio Valley Banc Corp. (NASDAQ:OVBC) Board of Directors revealed a cash dividend of $0.21 per common share payable on November 10, 2019, to shareholders of record as of the close of business on October 25, 2019. For ten years straight, OVBC has maintained a consistent, regular quarterly dividend of $0.21 per common share.

Thank you to the shareholders, customers, and employees who have made it possible for this American company to maintain a steady dividend for a decade. This milestone and the success that we share in would not have been possible without the support of our community, said CEO Tom Wiseman.

Ohio Valley Banc Corp. is based in Gallipolis, Ohio. The primary subsidiaries of the company are: Ohio Valley Bank and Loan Central. Ohio Valley Bank is an FDIC-insured, state member bank of the Federal Reserve operating 18 offices in Ohio and West Virginia. Loan Central, specializing in tax preparation and loans, is a finance company with six offices in southern Ohio. Ohio Valley Banc Corp. stock is traded on The NASDAQ Global Market under the symbol OVBC.

OVBC has a an operating margin of 83.50% while its profit margin remained 19.70% for the last 12 months. Its earnings per share (EPS) expected to touch remained 27.40% for this year.

The company has 4.69M of outstanding shares and 3.88M shares were floated in the market.  The price moved ahead of 1.40% from the mean of 20 days, 7.06% from mean of 50 days SMA and performed 0.82% from mean of 200 days price. Company’s performance for the week was 4.36%, 2.35% for month and YTD performance remained 3.53%.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

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