News coverage about Oak Valley Bancorp (NASDAQ:OVLY) has been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Oak Valley Bancorp earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.6147057475125 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Oak Valley Bancorp (NASDAQ OVLY) traded up $0.45 on Friday, reaching $21.95. 3,091 shares of the company’s stock traded hands, compared to its average volume of 5,626. The stock has a market cap of $174.12 and a PE ratio of 19.42. Oak Valley Bancorp has a fifty-two week low of $12.71 and a fifty-two week high of $23.89.
Oak Valley Bancorp (NASDAQ:OVLY) last posted its earnings results on Thursday, January 18th. The financial services provider reported $0.32 EPS for the quarter. Oak Valley Bancorp had a net margin of 24.43% and a return on equity of 11.55%. The firm had revenue of $10.22 million during the quarter.
The business also recently announced a semiannual dividend, which was paid on Friday, February 9th. Stockholders of record on Monday, January 29th were given a $0.13 dividend. This represents a dividend yield of 1.25%. This is a boost from Oak Valley Bancorp’s previous semiannual dividend of $0.13. The ex-dividend date of this dividend was Friday, January 26th. Oak Valley Bancorp’s dividend payout ratio (DPR) is currently 23.01%.
In other news, Director Ronald C. Martin sold 1,924 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $21.86, for a total value of $42,058.64. Following the completion of the sale, the director now directly owns 205,601 shares of the company’s stock, valued at approximately $4,494,437.86. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Over the last ninety days, insiders sold 4,982 shares of company stock valued at $105,084. Corporate insiders own 16.11% of the company’s stock.
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Oak Valley Bancorp Company Profile
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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