Shares of Oconee Federal Financial Corp. (NASDAQ:OFED – Get Free Report) passed below its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $20.39 and traded as low as $19.7644. Oconee Federal Financial shares last traded at $19.7732, with a volume of 600 shares trading hands.
Oconee Federal Financial Stock Performance
The stock’s fifty day simple moving average is $20.39 and its 200-day simple moving average is $19.08. The stock has a market cap of $113.16 million, a P/E ratio of 15.33 and a beta of -0.01.
About Oconee Federal Financial
Oconee Federal Financial Corp. is the holding company for Oconee Federal Savings and Loan Association, a community-oriented financial institution headquartered in Seneca, South Carolina. The company focuses on serving individuals, families and businesses in the Upstate South Carolina region.
Oconee Federal Savings and Loan Association attracts deposits through products such as checking, savings, money market and certificate accounts. It uses those deposits primarily to fund residential mortgage loans, including home purchase and refinancing loans, as well as commercial real estate, consumer and other business lending.
The institution also provides traditional banking services through its branch network and electronic banking channels.
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