It Seems Oak Valley Bancorp (OVLY) Will Go Up. Just Reaches 52-Week High

September 17, 2017 - By Adrian Mccoy

Investors sentiment increased to 5 in Q4 2016. Its up 4.00, from 1 in 2016Q3. It is positive, as 1 investors sold Oak Valley Bancorp shares while 0 reduced holdings. 1 funds opened positions while 4 raised stakes. 1.34 million shares or 113.83% more from 625,773 shares in 2016Q3 were reported.
Blackrock Investment Mngmt Limited Liability Corporation invested 0% in Oak Valley Bancorp (NASDAQ:OVLY). Banc Funds Limited Liability stated it has 464,989 shares. Federated Inc Pa reported 0% of its portfolio in Oak Valley Bancorp (NASDAQ:OVLY). 26,125 were accumulated by Mraz Amerine Associate. Wells Fargo & Com Mn reported 15,770 shares or 0% of all its holdings. Maltese Capital Mngmt Limited Liability Company stated it has 0.09% of its portfolio in Oak Valley Bancorp (NASDAQ:OVLY). Blackrock Fund holds 1,755 shares. 67,347 are owned by Vanguard Grp Inc Incorporated. Manufacturers Life Communications The, a Ontario – Canada-based fund reported 8,491 shares. Tower Research Cap Limited Liability Company (Trc) holds 107 shares.

Since April 3, 2017, it had 4 insider buys, and 4 selling transactions for $208,457 activity. Shares for $20,185 were sold by Martin Ronald C.. Another trade for 5,000 shares valued at $71,250 was made by Pelton Janet S on Tuesday, May 9. 1,975 Oak Valley Bancorp (NASDAQ:OVLY) shares with value of $28,030 were bought by Barton Don.

The stock of Oak Valley Bancorp (NASDAQ:OVLY) hit a new 52-week high and has $16.55 target or 5.00 % above today’s $15.76 share price. The 9 months bullish chart indicates low risk for the $127.48M company. The 1-year high was reported on Sep, 17 by If the $16.55 price target is reached, the company will be worth $6.37 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 4.48% or $0.74 on September 15, reaching $15.76. About 10,087 shares traded or 237.58% up from the average. Oak Valley Bancorp (NASDAQ:OVLY) has risen 52.90% since September 17, 2016 and is uptrending. It has outperformed by 36.20% the S&P500.

Another recent and important Oak Valley Bancorp (NASDAQ:OVLY) news was published by which published an article titled: “16.48” on April 22, 2011.

Oak Valley Bancorp is a bank holding company. The company has market cap of $127.48 million. The Firm operates through its subsidiary, Oak Valley Community Bank . It has a 13.75 P/E ratio. The Bank operates in two primary business divisions: Retail Banking and Commercial Banking.

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