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Oconee Federal Financial (NASDAQ:OFED) Shares Cross Above 50 Day Moving Average - Here's What Happened

Oconee Federal Financial logo with Finance background

Shares of Oconee Federal Financial Corp. (NASDAQ:OFED - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $12.83 and traded as high as $14.47. Oconee Federal Financial shares last traded at $14.47, with a volume of 2,008 shares traded.

Oconee Federal Financial Trading Up 15.8 %

The stock's 50-day simple moving average is $12.86 and its 200-day simple moving average is $12.87. The firm has a market capitalization of $84.50 million, a P/E ratio of 19.04 and a beta of 0.25.

Oconee Federal Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 22nd. Shareholders of record on Thursday, August 8th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date was Thursday, August 8th. Oconee Federal Financial's payout ratio is 52.63%.

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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