Free Trial

Oconee Federal Financial (NASDAQ:OFED) Stock Passes Below 50 Day Moving Average - Should You Sell?

Oconee Federal Financial logo with Finance background

Oconee Federal Financial Corp. (NASDAQ:OFED - Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $12.43 and traded as low as $12.20. Oconee Federal Financial shares last traded at $12.80, with a volume of 2,000 shares.

Oconee Federal Financial Stock Performance

The stock has a fifty day simple moving average of $12.43 and a 200-day simple moving average of $13.03. The stock has a market cap of $74.73 million, a P/E ratio of 9.92 and a beta of 0.06.

Oconee Federal Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Thursday, February 6th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, February 6th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.13%. Oconee Federal Financial's payout ratio 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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Oconee Federal Financial Right Now?

Before you consider Oconee Federal Financial, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oconee Federal Financial wasn't on the list.

While Oconee Federal Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Markets in Rally Mode: Will Earnings Keep It Going?
3 Tech Stocks to Buy Now—And 3 You’ll Regret Keeping
After Stellar Earnings, Is TSMC the Next Chip Leader?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines