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Oconee Federal Financial (NASDAQ:OFED) Stock Passes 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 passed below its 50-day moving average during trading on Wednesday . The stock has a 50-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.

Oconee Federal Financial Price Performance

The stock has a market capitalization of $70.83 million, a P/E ratio of 9.43 and a beta of 0.02. The company's 50 day simple moving average is $12.21 and its two-hundred day simple moving average is $12.43.

Oconee Federal Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 3.29%. Oconee Federal Financial's dividend payout ratio is 44.94%.

Oconee Federal Financial Company Profile

(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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