Shares of Oconee Federal Financial Corp. (NASDAQ:OFED – Get Free Report) were up 2.6% during mid-day trading on Wednesday . The stock traded as high as $15.50 and last traded at $15.50. Approximately 300 shares were traded during trading, a decline of 69% from the average daily volume of 982 shares. The stock had previously closed at $15.10.
Oconee Federal Financial Stock Up 2.6%
The firm has a fifty day moving average of $15.40 and a 200-day moving average of $15.55. The stock has a market capitalization of $90.21 million, a price-to-earnings ratio of 12.02 and a beta of -0.16.
About Oconee Federal Financial
Oconee Federal Financial, Inc is the bank holding company for Oconee Federal Bank, a community‐focused financial institution headquartered in Seneca, South Carolina. Established to support local families and businesses, the company has its roots in serving the upstate South Carolina market with a broad spectrum of banking services. As a publicly traded entity on the NASDAQ under the ticker OFED, Oconee Federal Financial facilitates strategic growth and oversight for its banking subsidiary.
The company’s primary business activities include commercial lending, residential real estate financing, consumer loans and a full array of deposit products.
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