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Oconee Federal Financial (NASDAQ:OFED) Stock Price 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 Wednesday . The stock has a fifty day moving average of $12.23 and traded as low as $12.15. Oconee Federal Financial shares last traded at $12.15, with a volume of 740 shares changing hands.

Oconee Federal Financial Trading Up 0.1%

The firm has a market cap of $70.83 million, a PE ratio of 9.43 and a beta of 0.02. The business's 50-day simple moving average is $12.19 and its 200 day simple moving average is $12.43.

Oconee Federal Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Thursday, May 8th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 3.29%. Oconee Federal Financial's dividend payout ratio (DPR) is presently 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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