Oak Ridge Financial Services (OTCMKTS:BKOR) Stock Price Up 1.4% – Here’s Why

Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR)’s stock price rose 1.4% during trading on Thursday . The stock traded as high as $21.00 and last traded at $21.00. Approximately 4,600 shares were traded during trading, an increase of 42% from the average daily volume of 3,229 shares. The stock had previously closed at $20.71.

Oak Ridge Financial Services Price Performance

The firm’s 50 day moving average is $20.84 and its 200 day moving average is $19.84. The firm has a market cap of $57.96 million, a P/E ratio of 10.19 and a beta of 0.36.

Oak Ridge Financial Services (OTCMKTS:BKOR) last posted its quarterly earnings data on Thursday, January 30th. The company reported $0.56 EPS for the quarter.

Oak Ridge Financial Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.48 annualized dividend and a yield of 2.29%. Oak Ridge Financial Services’s dividend payout ratio (DPR) is presently 23.30%.

Oak Ridge Financial Services Company Profile

Oak Ridge Financial Services, Inc operates as a bank holding company for Bank of Oak Ridge that provides various banking products and services for individuals and businesses. It offers checking, savings, and money market accounts; overdrafts; auto, home equity, mortgage, business term, and business SBA loans; business lines of credit; credit cards; and online and mobile banking products and services.