Oak Ridge Financial Services (OTCMKTS:BKOR) Shares Down 0.5% – Should You Sell?

Oak Ridge Financial Services Inc. (OTCMKTS:BKOR)’s stock price was down 0.5% during mid-day trading on Friday . The stock traded as low as $28.35 and last traded at $28.35. Approximately 600 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 2,438 shares. The stock had previously closed at $28.50.

Oak Ridge Financial Services Trading Down 0.5%

The firm has a market capitalization of $77.74 million, a P/E ratio of 11.43 and a beta of 0.19. The firm has a 50 day moving average price of $27.30 and a 200-day moving average price of $24.27.

Oak Ridge Financial Services (OTCMKTS:BKOR) last released its earnings results on Friday, October 31st. The company reported $0.69 earnings per share for the quarter. The company had revenue of $8.09 million for the quarter.

Oak Ridge Financial Services Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Wednesday, August 20th were paid a $0.14 dividend. The ex-dividend date of this dividend was Tuesday, August 19th. This represents a dividend yield of 229.0%. Oak Ridge Financial Services’s dividend payout ratio is currently 21.29%.

Oak Ridge Financial Services Company Profile

Oak Ridge Financial Services, Inc operates as a bank holding company for Bank of Oak Ridge that provides various banking products and services for individuals and businesses. It offers checking, savings, and money market accounts; overdrafts; auto, home equity, mortgage, business term, and business SBA loans; business lines of credit; credit cards; and online and mobile banking products and services.