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Oconee Federal Financial (NASDAQ:OFED) Shares Cross Below 50 Day Moving Average - What's Next?

Oconee Federal Financial logo with Finance background

Oconee Federal Financial Corp. (NASDAQ:OFED - Get Free Report)'s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $12.44 and traded as low as $12.06. Oconee Federal Financial shares last traded at $12.06, with a volume of 200 shares traded.

Oconee Federal Financial Price Performance

The firm has a market capitalization of $70.35 million, a P/E ratio of 9.35 and a beta of 0.08. The business's 50 day moving average is $12.43 and its two-hundred day moving average is $12.80.

Oconee Federal Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, May 8th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 3.32%. Oconee Federal Financial's dividend payout ratio (DPR) is currently 44.94%.

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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