Oconee Federal Financial (NASDAQ:OFED) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Oconee Federal Financial Corp. (NASDAQ:OFEDGet Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $16.19 and traded as high as $19.05. Oconee Federal Financial shares last traded at $19.05, with a volume of 103 shares changing hands.

Oconee Federal Financial Stock Up 3.8%

The stock’s 50-day simple moving average is $16.19 and its 200 day simple moving average is $15.79. The company has a market cap of $110.87 million, a price-to-earnings ratio of 14.77 and a beta of -0.11.

Oconee Federal Financial Company Profile

(Get Free Report)

Oconee Federal Financial, Inc is the bank holding company for Oconee Federal Bank, a community?focused financial institution headquartered in Seneca, South Carolina. Established to support local families and businesses, the company has its roots in serving the upstate South Carolina market with a broad spectrum of banking services. As a publicly traded entity on the NASDAQ under the ticker OFED, Oconee Federal Financial facilitates strategic growth and oversight for its banking subsidiary.

The company’s primary business activities include commercial lending, residential real estate financing, consumer loans and a full array of deposit products.

Further Reading

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