Oconee Federal Financial (NASDAQ:OFED) Stock Crosses Below 50 Day Moving Average – Here’s Why

Oconee Federal Financial Corp. (NASDAQ:OFEDGet Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $15.36 and traded as low as $14.3125. Oconee Federal Financial shares last traded at $14.3125, with a volume of 1,000 shares.

Oconee Federal Financial Stock Down 10.5%

The business’s 50 day simple moving average is $15.36 and its two-hundred day simple moving average is $13.56. The stock has a market cap of $83.37 million, a P/E ratio of 11.10 and a beta of -0.02.

Oconee Federal Financial Company Profile

(Get Free Report)

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.

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