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

Oconee Federal Financial Corp. (NASDAQ:OFED – Get Free Report)’s stock price rose 0.1% on Wednesday. The company traded as high as $19.99 and last traded at $19.00. 1,300 shares changed hands 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 Up 0.1%

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

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.

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