Oconee Federal Financial (NASDAQ:OFED) Share Price Passes Above 50 Day Moving Average – Here’s Why

Shares of Oconee Federal Financial Corp. (NASDAQ:OFEDGet Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $16.66 and traded as high as $18.75. Oconee Federal Financial shares last traded at $18.75, with a volume of 200 shares trading hands.

Oconee Federal Financial Price Performance

The business has a 50-day moving average of $16.78 and a two-hundred day moving average of $15.99. The company has a market cap of $109.11 million, a P/E ratio of 14.53 and a beta of -0.11.

About Oconee Federal Financial

(Get Free Report)

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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