Old Point Financial (NASDAQ:OPOF) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday.
Shares of Old Point Financial stock opened at $21.16 on Tuesday. The company has a market capitalization of $112.74 million, a P/E ratio of 19.77 and a beta of 0.47. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.60. Old Point Financial has a 52 week low of $19.00 and a 52 week high of $29.90.
Old Point Financial (NASDAQ:OPOF) last issued its quarterly earnings results on Thursday, January 31st. The bank reported $0.27 earnings per share for the quarter. The company had revenue of $11.93 million for the quarter. Old Point Financial had a net margin of 9.44% and a return on equity of 5.78%.
About Old Point Financial
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, retail, and commercial customers. The company offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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