Oconee Federal Financial (NASDAQ:OFED) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Oconee Federal Financial Corp. (NASDAQ:OFEDGet Free Report)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $18.61 and traded as high as $21.50. Oconee Federal Financial shares last traded at $21.50, with a volume of 500 shares.

Oconee Federal Financial Stock Performance

The stock has a fifty day moving average price of $18.61 and a 200-day moving average price of $16.77. The firm has a market capitalization of $125.11 million, a PE ratio of 16.67 and a beta of -0.01.

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.

Further Reading

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