Shares of NASDAQ OPHC opened at $4.32 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a fifty day moving average price of $4.57 and a 200 day moving average price of $4.68. OptimumBank has a 1-year low of $4.00 and a 1-year high of $5.90. The company has a market cap of $50.76 million, a PE ratio of 3.27 and a beta of 0.36.
Hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its holdings in shares of OptimumBank by 4.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 66,086 shares of the bank's stock worth $315,000 after purchasing an additional 2,611 shares during the period. Fourthstone LLC acquired a new stake in OptimumBank in the third quarter valued at $323,000. Geode Capital Management LLC lifted its holdings in OptimumBank by 59.0% in the third quarter. Geode Capital Management LLC now owns 81,411 shares of the bank's stock valued at $372,000 after acquiring an additional 30,202 shares during the period. Renaissance Technologies LLC lifted its holdings in OptimumBank by 17.1% in the fourth quarter. Renaissance Technologies LLC now owns 136,473 shares of the bank's stock valued at $650,000 after acquiring an additional 19,971 shares during the period. Finally, Alliancebernstein L.P. lifted its holdings in OptimumBank by 20.7% in the fourth quarter. Alliancebernstein L.P. now owns 360,691 shares of the bank's stock valued at $1,717,000 after acquiring an additional 61,971 shares during the period. 7.43% of the stock is owned by institutional investors and hedge funds.
OptimumBank Holdings, Inc operates as the bank holding company for OptimumBank that provides various consumer and commercial banking services to individuals and businesses. It accepts demand interest-bearing and noninterest-bearing, savings, money market, and NOW accounts, as well as time deposits, wire transfers, ACH services, and certificates of deposit.
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