Oconee Federal Financial Corp. (NASDAQ:OFED – Get Free Report) rose 0.1% on Wednesday. The company traded as high as $19.99 and last traded at $19.00. Approximately 1,300 shares were traded during mid-day trading, an increase of 28% from the average session volume of 1,013 shares. The stock had previously closed at $18.99.
Oconee Federal Financial Stock Performance
The firm has a market capitalization of $108.74 million, a price-to-earnings ratio of 14.73 and a beta of -0.01. The company has a 50-day moving average of $20.63 and a 200-day moving average of $18.94.
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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