Oconee Federal Financial (NASDAQ:OFED) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Oconee Federal Financial Corp. (NASDAQ:OFEDGet Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $12.78 and traded as low as $12.50. Oconee Federal Financial shares last traded at $12.50, with a volume of 101 shares traded.

Oconee Federal Financial Trading Down 0.4 %

The firm’s fifty day moving average is $12.78 and its 200 day moving average is $13.19. The stock has a market cap of $73 million, a P/E ratio of 9.69 and a beta of 0.27.

Oconee Federal Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Thursday, February 6th will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, February 6th. This represents a $0.40 annualized dividend and a dividend yield of 3.20%. Oconee Federal Financial’s dividend payout ratio is presently 31.01%.

Oconee Federal Financial Company Profile

(Get Free Report)

Oconee Federal Financial Corp. operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee and Pickens County areas of northwestern South Carolina, and the northeast area of Georgia in Stephens County and Rabun County.

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