Oak Ridge Financial Services (OTCMKTS:BKOR) Trading Down 1.1%

Posted by on Apr 9th, 2023

Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR – Get Rating)’s share price dropped 1.1% during mid-day trading on Friday . The company traded as low as $17.62 and last traded at $17.62. Approximately 250 shares traded hands during trading, a decline of 52% from the average daily volume of 520 shares. The stock had previously closed at $17.81.

Oak Ridge Financial Services Stock Performance

The firm’s 50-day moving average price is $18.83 and its 200 day moving average price is $18.81. The company has a market cap of $48.16 million, a price-to-earnings ratio of 7.13 and a beta of 0.46.

Oak Ridge Financial Services (OTCMKTS:BKOR – Get Rating) last announced its quarterly earnings results on Thursday, February 2nd. The company reported $0.63 earnings per share (EPS) for the quarter. The business had revenue of $6.45 million during the quarter.

Oak Ridge Financial Services Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, March 3rd. Stockholders of record on Wednesday, February 15th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, February 14th. This represents a dividend yield of 1.62%. Oak Ridge Financial Services’s dividend payout ratio is currently 12.96%.

Oak Ridge Financial Services Company Profile

(Get Rating)

Oak Ridge Financial Services, Inc is a bank holding company, which engages in the provision of financial solutions. It offers mobile banking, online bill pay, remote deposit, checking, savings and mortgage, insurance, lending, and wealth management services. The company was founded on March 2, 2007 and is headquartered in Oak Ridge, NC.

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