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flag StockNews.com rates Old Point Financial a "hold," with the stock above its 200-day moving average at $30.22.

flag StockNews.com has assigned a "hold" rating to Old Point Financial (NASDAQ: OPOF), a bank holding company in Virginia. flag The company recently reported quarterly earnings of $0.57 per share, with a net margin of 11.08% and a return on equity of 8.56%. flag Old Point Financial has a market capitalization of $151.93 million and a P/E ratio of 15.91. flag The stock recently surpassed its 200-day moving average, trading at $30.22. flag The company also announced a quarterly dividend with a yield of 1.87%.

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