Oak Ridge Financial Services (OTCMKTS:BKOR) Shares Up 0.1% – Should You Buy?

Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR)’s stock price shot up 0.1% during mid-day trading on Thursday . The stock traded as high as $19.17 and last traded at $19.17. 14,800 shares were traded during mid-day trading, an increase of 507% from the average session volume of 2,437 shares. The stock had previously closed at $19.16.

Oak Ridge Financial Services Stock Up 0.1 %

The stock has a market cap of $52.95 million, a price-to-earnings ratio of 9.00 and a beta of 0.35. The company’s 50-day moving average is $18.70 and its 200-day moving average is $17.87.

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

Oak Ridge Financial Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Monday, August 19th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend was Monday, August 19th. Oak Ridge Financial Services’s dividend payout ratio (DPR) is presently 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.