Oak Ridge Financial Services (OTCMKTS:BKOR) Shares Up 1.4% - Here's Why

Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR - Get Free Report) shares rose 1.4% on Thursday . The company traded as high as $21.00 and last traded at $21.00. Approximately 4,600 shares were traded during mid-day 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 Stock Performance

The firm has a fifty day simple moving average of $20.84 and a 200-day simple moving average of $19.84. The firm has a market cap of $58.00 million, a price-to-earnings ratio of 10.19 and a beta of 0.36.

Oak Ridge Financial Services (OTCMKTS:BKOR - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.56 earnings per share (EPS) for the quarter.

Oak Ridge Financial Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a dividend of $0.12 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.29%. Oak Ridge Financial Services's dividend payout ratio (DPR) is currently 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.