OptimumBank Holdings, Inc. (NASDAQ:OPHC) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.11 and traded as low as $2.82. OptimumBank shares last traded at $3.05, with a volume of 2,800 shares changing hands.
Separately, ValuEngine raised OptimumBank from a “hold” rating to a “buy” rating in a report on Friday, August 16th.
The company has a fifty day simple moving average of $3.11 and a 200-day simple moving average of $3.32. The company has a debt-to-equity ratio of 4.02, a current ratio of 1.08 and a quick ratio of 1.08.
OptimumBank Company Profile (NASDAQ:OPHC)
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.
Further Reading: Convertible Shares
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