Oconee Federal Financial (NASDAQ:OFED) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Oconee Federal Financial Corp. (NASDAQ:OFED)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.20 and traded as low as $12.71. Oconee Federal Financial shares last traded at $12.99, with a volume of 2,819 shares traded.

Oconee Federal Financial Trading Down 1.6 %

The business has a 50-day moving average of $13.89 and a 200 day moving average of $13.20. The firm has a market capitalization of $75.86 million, a PE ratio of 11.01 and a beta of 0.26.

Oconee Federal Financial (NASDAQ:OFED) last announced its earnings results on Monday, October 21st. The savings and loans company reported $0.14 EPS for the quarter. The firm had revenue of $3.95 million during the quarter.

Oconee Federal Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 7th were paid a $0.10 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.08%. Oconee Federal Financial’s payout ratio is presently 33.90%.

Oconee Federal Financial Company Profile

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.