Stock analysts at StockNews.com initiated coverage on shares of Old Point Financial (NASDAQ:OPOF – Get Free Report) in a research report issued on Monday. The brokerage set a “hold” rating on the bank’s stock.
Old Point Financial Stock Performance
Shares of OPOF opened at $17.15 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.91 and a quick ratio of 0.91. Old Point Financial has a one year low of $13.49 and a one year high of $20.26. The company’s fifty day moving average price is $17.91 and its 200 day moving average price is $16.16. The company has a market capitalization of $87.12 million, a PE ratio of 13.61 and a beta of 0.29.
Old Point Financial (NASDAQ:OPOF – Get Free Report) last posted its quarterly earnings data on Thursday, July 25th. The bank reported $0.50 EPS for the quarter. Old Point Financial had a return on equity of 6.69% and a net margin of 8.41%. The business had revenue of $15.59 million for the quarter.
Hedge Funds Weigh In On Old Point Financial
Old Point Financial Company Profile
Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia. It offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits.
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