What’s in OptimumBank Holdings, Inc. (OPHC) After Today’s Huge Increase?

March 14, 2018 - By Jan Rainey

The stock of OptimumBank Holdings, Inc. (NASDAQ:OPHC) is a huge mover today! The stock increased 17.01% or $0.7654 during the last trading session, reaching $5.2654. About 172,187 shares traded or 398.08% up from the average. OptimumBank Holdings, Inc. (NASDAQ:OPHC) has declined 38.97% since March 14, 2017 and is downtrending. It has underperformed by 55.67% the S&P500.
The move comes after 8 months positive chart setup for the $5.81M company. It was reported on Mar, 14 by Barchart.com. We have $5.69 PT which if reached, will make NASDAQ:OPHC worth $464,800 more.

More notable recent OptimumBank Holdings, Inc. (NASDAQ:OPHC) news were published by: Globenewswire.com which released: “OptimumBank Holdings Announces the Death of Director Sam Borek” on December 15, 2014, also Quotes.Wsj.com with their article: “OptimumBank Holdings Inc. OPHC (US: Nasdaq)” published on February 11, 2011, Globenewswire.com published: “OptimumBank Holdings, Inc. Delisting Corrected” on October 14, 2015. More interesting news about OptimumBank Holdings, Inc. (NASDAQ:OPHC) were released by: Globenewswire.com and their article: “OptimumBank Holdings Appoints John H. Clifford as Director” published on October 31, 2016 as well as Bizjournals.com‘s news article titled: “OptimumBank appoints former FirstCity Bank of Commerce executive as CFO” with publication date: November 13, 2017.

OptimumBank Holdings, Inc. operates as the bank holding firm for OptimumBank that provides a range of consumer and commercial banking services to individuals and businesses. The company has market cap of $5.81 million. The firm accepts demand interest-bearing and noninterest-bearing, savings, money market, NOW, and time deposit accounts, as well as certificates of deposit; and offers residential and commercial real estate, commercial, and consumer loans, as well as lending lines for working capital needs. It currently has negative earnings. It also provides debit and ATM cards; investment, cash management, and notary and night depository services; and direct deposits, money orders, cashierÂ’s checks, domestic collections, drive-in tellers, and banking by mail, as well as Internet banking services.

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