How have the shares performed?
OptimumBank Holdings Inc. (OPHC) saw an uptrend of 10.84% in the recent trading with $4.50 being its most recent. The current price level -16.67% lower than the highest price of $5.40 marked by the stock while trading over the past 52-weeks, whereas it is 139.11% higher than the lowest price of $1.88 the company dropped to over past 52-weeks. The latest news story on OPHC appeared in GlobeNewswire under the title “OptimumBank Holdings, Inc. Announces Commencement of Exchange Offer for Trust Preferred Securities” on Jun-07-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -2.17% below one month high and is +33.16% above of the lowest during that time. Looking into the simple moving average, OptimumBank Holdings Inc. (OPHC)’s stock stands at a SMA-50 of $3.76 while that of 5-day is reading $4.11.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and OPHC’s SMA-200 as of now is $3.36.
OptimumBank Holdings Inc. Earnings – What Happened With OPHC
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $1.97 billion.
OPHC – OptimumBank Holdings Inc. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 3.20 million. OPHC does have institutional investors; and they hold 5.50% of the stock.
OptimumBank Holdings Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 1 new insider purchases involving 282,377 shares. On the other hand, OPHC declared 0 shares have been sold in 0 insider transactions over the past three months.
As on Mar 30, 2021, Renaissance Technologies, LLC was the top most holder in OptimumBank Holdings Inc. (NASDAQ:OPHC) with an ownership of 0.11 million shares of the company or 3.38% of the stake worth $0.42 million. The filing also reveals Warberg Asset Management, LLC as the second largest holder in the company with a control over 1.33% of the outstanding shares. Its stake is worth $0.16 million for having 42623.0 shares in hand.
Vanguard Group, Inc. (The) also came holding a key position in the company during the recent quarter and it now holds 0.45% of the outstanding shares. With this there are now 8 institutions which have possession in OPHC’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by OptimumBank Holdings Inc. was 0.32 while posting a debt to equity ratio of 0.10. The count was 117.19 for long-term debt to equity ratio.
OptimumBank Holdings Inc.’s return on equity, or ROE, is -0.80%, compared to the industry average of 8.60% for Financial – Banks – Regional. Although this indicates that OPHC fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of OptimumBank Holdings Inc. (NASDAQ:OPHC) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for OptimumBank Holdings Inc. (OPHC), we notice that the stock’s 20-day average volume is at 85,060 shares and 50% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 52,524 shares. And to end, OPHC’s 100-day average volume is 118,174 shares with 100% of the long-term indicators pointing towards Buy for the stock.