Oak Ridge Financial Services (OTCMKTS:BKOR) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Oak Ridge Financial Services Inc. (OTCMKTS:BKOR – Get Free Report)’s share price crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $32.09 and traded as high as $32.50. Oak Ridge Financial Services shares last traded at $32.50, with a volume of 200 shares traded.

Oak Ridge Financial Services Trading Up 1.6%

The company has a 50 day moving average of $32.09 and a 200 day moving average of $31.04. The firm has a market cap of $90.03 million, a price-to-earnings ratio of 11.25 and a beta of 0.14.

Oak Ridge Financial Services (OTCMKTS:BKOR – Get Free Report) last announced its quarterly earnings results on Friday, October 30th. The company reported $0.72 earnings per share for the quarter. The company had revenue of $7.91 million during the quarter.

About Oak Ridge Financial Services

(Get Free Report)

Oak Ridge Financial Services, Inc is a bank holding company headquartered in Oak Ridge, North Carolina. Through its subsidiary, Bank of Oak Ridge, the company provides community banking services to individuals, families, businesses and organizations in the surrounding North Carolina markets.

Bank of Oak Ridge offers deposit products such as checking, savings and money market accounts, certificates of deposit and other cash-management services. Its lending activities include commercial and small-business loans, commercial and residential real estate financing, mortgage lending and consumer loans.

The bank also provides digital banking and related financial services designed to support personal and business customers.

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