Oak Ridge Financial Services (OTCMKTS:BKOR) Stock Price Up 0.6% – Here’s Why

Posted by Teresa Graham on Dec 25th, 2024

Shares of Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR – Get Free Report) shot up 0.6% on Tuesday . The company traded as high as $20.73 and last traded at $20.73. 400 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 2,479 shares. The stock had previously closed at $20.60.

Oak Ridge Financial Services Stock Performance

The firm’s 50 day moving average is $20.07 and its two-hundred day moving average is $18.87. The stock has a market capitalization of $57.26 million, a PE ratio of 10.16 and a beta of 0.36.

Oak Ridge Financial Services (OTCMKTS:BKOR – Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.54 earnings per share (EPS) for the quarter. The company had revenue of $6.92 million during the quarter.

Oak Ridge Financial Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Friday, November 15th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.48 annualized dividend and a yield of 2.32%. Oak Ridge Financial Services’s dividend payout ratio (DPR) is 23.53%.

About Oak Ridge Financial Services

(Get Free Report)

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.