OptimumBank Holdings, Inc. (NASDAQ:OPHC) was upgraded by ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Thursday.

OptimumBank Holdings (OPHC) traded up $5.78 during midday trading on Thursday, reaching $8.25. 3,037,347 shares of the company’s stock traded hands, compared to its average volume of 26,173. OptimumBank Holdings has a 12-month low of $1.85 and a 12-month high of $13.96. The company has a debt-to-equity ratio of 9.79, a quick ratio of 1.11 and a current ratio of 1.11.

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OptimumBank Holdings Company Profile

OptimumBank Holdings, Inc serves as a bank holding company for OptimumBank (the Bank). The Bank provides a range of community banking services to individuals and corporate customers through over three banking offices located in Broward County, Florida. The Bank provides a range of consumer and commercial banking services to individuals and businesses.

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