Oak Ridge Financial Services (OTCMKTS:BKOR) Shares Up 0.3% – Here’s What Happened

Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR) shares shot up 0.3% during mid-day trading on Thursday . The company traded as high as $19.19 and last traded at $19.19. 390 shares were traded during trading, a decline of 82% from the average session volume of 2,171 shares. The stock had previously closed at $19.14.

Oak Ridge Financial Services Stock Down 0.3 %

The stock has a market cap of $52.86 million, a P/E ratio of 8.99 and a beta of 0.35. The stock has a fifty day simple moving average of $18.79 and a 200-day simple moving average of $17.71.

Oak Ridge Financial Services (OTCMKTS:BKOR) last released its quarterly earnings data on Wednesday, July 31st. The company reported $0.46 earnings per share for the quarter. The business had revenue of $6.60 million for the quarter.

Oak Ridge Financial Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Monday, August 19th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend was Monday, August 19th. Oak Ridge Financial Services’s payout ratio is 22.54%.

Oak Ridge Financial Services Company Profile

Oak Ridge Financial Services, Inc operates as a bank holding company for Bank of Oak Ridge that provides various banking products and services for individuals and businesses. It offers checking, savings, and money market accounts; overdrafts; auto, home equity, mortgage, business term, and business SBA loans; business lines of credit; credit cards; and online and mobile banking products and services.