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 crossed 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.

Oconee Federal Financial Trading Down 0.4 %

The company has a fifty day moving average price of $12.78 and a 200-day moving average price of $13.19. The firm has a market capitalization of $73 million, a price-to-earnings ratio of 9.69 and a beta of 0.27.

Oconee Federal Financial Dividend Announcement

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

See Also

Receive News & Ratings for Oconee Federal Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oconee Federal Financial and related companies with MarketBeat.com's FREE daily email newsletter.