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

Oconee Federal Financial Corp. (NASDAQ:OFEDGet Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $12.71 and traded as low as $12.65. Oconee Federal Financial shares last traded at $12.75, with a volume of 1,003 shares traded.

Oconee Federal Financial Price Performance

The firm has a market cap of $74.46 million, a PE ratio of 9.88 and a beta of 0.27. The company has a 50 day simple moving average of $12.70 and a 200-day simple moving average of $13.17.

Oconee Federal Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date was Thursday, February 6th. Oconee Federal Financial’s dividend payout ratio (DPR) is presently 31.01%.

About Oconee Federal Financial

(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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