Oak Valley Bancorp (CA) (NASDAQ:OVLY) released its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.31 earnings per share for the quarter, Bloomberg Earnings reports. Oak Valley Bancorp (CA) had a net margin of 23.73% and a return on equity of 11.58%. The business had revenue of $9.90 million during the quarter.
Shares of Oak Valley Bancorp (NASDAQ:OVLY) traded up 0.000% during trading on Friday, reaching $17.049. The company had a trading volume of 113 shares. Oak Valley Bancorp has a 12 month low of $10.00 and a 12 month high of $17.49. The stock has a 50 day moving average price of $16.59 and a 200 day moving average price of $15.06. The firm has a market capitalization of $137.45 million, a PE ratio of 14.838 and a beta of 0.04.
In related news, Director Ronald C. Martin sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $15.20, for a total value of $38,000.00. Following the transaction, the director now owns 210,197 shares in the company, valued at $3,194,994.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders sold 5,100 shares of company stock worth $78,280 in the last 90 days. 16.11% of the stock is currently owned by insiders.
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About Oak Valley Bancorp (CA)
Oak Valley Bancorp is a bank holding company. The Company operates through its subsidiary, Oak Valley Community Bank (the Bank). The Bank operates in two primary business segments: Retail Banking and Commercial Banking. The Retail Banking segment offers a range of checking and savings accounts, including Negotiable Order of Withdrawal accounts, money market accounts, overdraft protection, health savings accounts, certificates of deposit and Individual Retirement Accounts.
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