Four Oaks Fincorp, Inc. (OTCMKTS:FOFN) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Friday.

Four Oaks Fincorp (FOFN) traded down 0.67% during midday trading on Friday, reaching $14.90. 1,140 shares of the company’s stock were exchanged. The company has a market cap of $100.74 million, a price-to-earnings ratio of 13.42 and a beta of 1.07. Four Oaks Fincorp has a 12-month low of $13.01 and a 12-month high of $91.25. The firm has a 50-day moving average price of $14.84 and a 200 day moving average price of $14.77.

The firm also recently declared a dividend, which was paid on Tuesday, May 23rd. Stockholders of record on Monday, May 8th were paid a dividend of $0.01 per share. The ex-dividend date was Thursday, May 4th.

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About Four Oaks Fincorp

Four Oaks Fincorp, Inc is a bank holding company. The Company’s primary function is to serve as the holding company for its subsidiaries, Four Oaks Bank & Trust Company, Inc (the Bank) and Four Oaks Mortgage Services, LLC. The Bank operates over 16 offices in eastern and central North Carolina. In addition, the Company has an interest in Four Oaks Statutory Trust I.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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