Oak Ridge Financial Services (OTCMKTS:BKOR) Trading Down 0.5% – What’s Next?

Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR)’s stock price was down 0.5% during mid-day trading on Tuesday . The stock traded as low as $20.65 and last traded at $20.65. Approximately 10,000 shares traded hands during mid-day trading, an increase of 274% from the average daily volume of 2,675 shares. The stock had previously closed at $20.75.

Oak Ridge Financial Services Price Performance

The company’s 50-day simple moving average is $20.50 and its 200-day simple moving average is $19.26. The company has a market cap of $57.04 million, a price-to-earnings ratio of 10.12 and a beta of 0.36.

Oak Ridge Financial Services (OTCMKTS:BKOR) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.54 earnings per share (EPS) for the quarter. The firm had revenue of $6.92 million for the quarter.

Oak Ridge Financial Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Friday, November 15th were issued a $0.12 dividend. The ex-dividend date was Friday, November 15th. This represents a $0.48 annualized dividend and a yield of 2.32%. Oak Ridge Financial Services’s dividend payout ratio is presently 23.53%.

About Oak Ridge Financial Services

Oak Ridge Financial Services, Inc operates as a bank holding company for Bank of Oak Ridge that provides various banking products and services for individuals and businesses. It offers checking, savings, and money market accounts; overdrafts; auto, home equity, mortgage, business term, and business SBA loans; business lines of credit; credit cards; and online and mobile banking products and services.