For its third fiscal quarter (ending September 30), Oak Valley Bancorp (NASDAQ: OVLY) has reported E.P.S. of $0.89 compared to $0.90 a year ago. For the latest four quarters through September 30, E.P.S. were $3.02 versus $4.21 for the same period a year ago.
Recent Price Action
On 10/18/24, Oak Valley Bancorp (NASDAQ: OVLY) stock rose slightly by 0.1%, closing at $26.84. However, this advance was accompanied by below average trading volume at 67% of normal. The stock has risen 6.0% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
OVLY is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Oak Valley Bancorp has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Oak Valley Bancorp has a slightly positive Power Rating of 63 and a good Appreciation Score of 81, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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