Free Trial

Oconee Federal Financial (NASDAQ:OFED) Share Price Passes Below Fifty Day Moving Average - What's Next?

Oconee Federal Financial logo with Finance background

Shares of Oconee Federal Financial Corp. (NASDAQ:OFED - Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $12.43 and traded as low as $12.20. Oconee Federal Financial shares last traded at $12.80, with a volume of 2,000 shares trading hands.

Oconee Federal Financial Price Performance

The business's 50 day simple moving average is $12.45 and its 200 day simple moving average is $12.98. The stock has a market cap of $74.73 million, a price-to-earnings ratio of 9.92 and a beta of 0.06.

Oconee Federal Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, May 8th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.13%. Oconee Federal Financial's dividend payout ratio is presently 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.

Featured Articles

Should You Invest $1,000 in Oconee Federal Financial Right Now?

Before you consider Oconee Federal Financial, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oconee Federal Financial wasn't on the list.

While Oconee Federal Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Buy Early: 3 Tech Trends With Millionaire-Making Potential
SMCI Stumbles on Earnings: Why Some Investors Still Want In
5 Stocks to BUY NOW in May 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines