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

November 15, 2017 - By Richard Conner

Investors sentiment decreased to 1.67 in Q2 2017. Its down 5.33, from 7 in 2017Q1. It fall, as 0 investors sold Oak Valley Bancorp shares while 3 reduced holdings. 1 funds opened positions while 4 raised stakes. 708,250 shares or 50.02% less from 1.42 million shares in 2017Q1 were reported.
Wells Fargo Mn owns 15,770 shares for 0% of their portfolio. 472,489 were reported by Banc Funds Co Ltd. Commonwealth Equity Services Inc reported 0% stake. Vanguard Gp invested 0% of its portfolio in Oak Valley Bancorp (NASDAQ:OVLY). 5,459 were accumulated by Manufacturers Life Ins Communication The. Blackrock reported 0% stake. The California-based Mraz Amerine And Associates Inc has invested 0.11% in Oak Valley Bancorp (NASDAQ:OVLY). Acadian Asset Mgmt Limited Liability Company reported 915 shares. Federated Inc Pa reported 0% in Oak Valley Bancorp (NASDAQ:OVLY). Tower Llc (Trc) holds 404 shares or 0% of its portfolio. Maltese Capital Mgmt Ltd Co holds 98,225 shares or 0.13% of its portfolio.

Since May 16, 2017, it had 1 buy, and 0 selling transactions for $102,743 activity. 2,790 shares were bought by HOLDER H RANDOLPH JR, worth $39,702.

The stock of Oak Valley Bancorp (NASDAQ:OVLY) hit a new 52-week high and has $18.30 target or 4.00 % above today’s $17.60 share price. The 6 months bullish chart indicates low risk for the $142.54M company. The 1-year high was reported on Nov, 15 by Barchart.com. If the $18.30 price target is reached, the company will be worth $5.70M 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 increased 1.27% or $0.22 on November 15, reaching $17.6. About 11,676 shares traded or 380.30% up from the average. Oak Valley Bancorp (NASDAQ:OVLY) has risen 52.90% since November 15, 2016 and is uptrending. It has outperformed by 36.20% the S&P500.

More important recent Oak Valley Bancorp (NASDAQ:OVLY) news were published by: Globenewswire.com which released: “Oak Valley Bancorp Reports 3rd Quarter Results” on October 18, 2017, also Globenewswire.com published article titled: “Oak Valley Community Bank Announces Loan Officer Hiring”, Globenewswire.com published: “Oak Valley Bancorp and Oak Valley Community Bank Add New Director” on October 06, 2017. More interesting news about Oak Valley Bancorp (NASDAQ:OVLY) was released by: Marketwatch.com and their article: “17.38” with publication date: April 22, 2011.

Oak Valley Bancorp is a bank holding company. The company has market cap of $142.54 million. The Firm operates through its subsidiary, Oak Valley Community Bank . It has a 14.52 P/E ratio. The Bank operates in two primary business divisions: Retail Banking and Commercial Banking.

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