Oak Ridge Financial Services (OTCMKTS:BKOR) Stock Price Down 0.5% – Time to Sell?

Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR)’s stock price dropped 0.5% during mid-day trading on Tuesday . The stock traded as low as $20.65 and last traded at $20.65. Approximately 10,000 shares traded hands during mid-day trading, an increase of 274% from the average daily volume of 2,675 shares. The stock had previously closed at $20.75.

Oak Ridge Financial Services Stock Performance

The stock has a market cap of $56.99 million, a PE ratio of 10.12 and a beta of 0.36. The stock has a fifty day moving average price of $20.56 and a 200 day moving average price of $19.31.

Oak Ridge Financial Services (OTCMKTS:BKOR) last released its earnings results on Thursday, October 31st. The company reported $0.54 earnings per share (EPS) for the quarter. The firm had revenue of $6.92 million during the quarter.

Oak Ridge Financial Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Friday, November 15th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date was Friday, November 15th. Oak Ridge Financial Services’s payout ratio is currently 23.53%.

About Oak Ridge Financial Services

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.