Oconee Federal Financial (NASDAQ:OFED) Shares Up 0.1% – Time to Buy?

Oconee Federal Financial Corp. (NASDAQ:OFED – Get Free Report)’s share price shot up 0.1% on Wednesday. The stock traded as high as $19.99 and last traded at $19.00. Approximately 1,300 shares were traded during 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 Trading Up 0.1%

The stock has a 50-day simple moving average of $20.68 and a 200-day simple moving average of $18.92. The company has a market cap of $110.03 million, a price-to-earnings ratio of 14.73 and a beta of -0.01.

Oconee Federal Financial Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Oconee Federal Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oconee Federal Financial and related companies with MarketBeat.com's FREE daily email newsletter.