Oconee Federal Financial Corp. (NASDAQ:OFED – Get Free Report)’s share price rose 2.6% during trading on Wednesday . The stock traded as high as $15.50 and last traded at $15.50. Approximately 300 shares traded hands during mid-day 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 Performance
The company has a 50-day simple moving average of $15.41 and a 200 day simple moving average of $15.55. The company has a market cap of $90.21 million, a P/E 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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