Oconee Federal Financial Corp. (NASDAQ:OFED – Get Free Report)’s share price shot up 2.4% during mid-day trading on Friday . The company traded as high as $16.90 and last traded at $16.90. 200 shares changed hands during mid-day trading, an increase of 33% from the average session volume of 150 shares. The stock had previously closed at $16.50.
Oconee Federal Financial Price Performance
The stock has a market capitalization of $98.39 million, a P/E ratio of 13.10 and a beta of -0.13. The firm’s 50 day moving average price is $15.56 and its 200 day moving average price is $14.37.
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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