Ocean Shore Holding Co. (OSHC) : Wednesdays money flow indicated an uptick to downtick ratio was at 6.79. The total value of inflow transactions on upticks was $2.2 million, whereas, the total value of outflow trades on downticks was $0.32 million. The total money flow was $1.88 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $2.05 million. The total value of the trades done on upticks was $2.05 million. Ocean Shore Holding Co. (OSHC) was trading with a -0.05% change over previous days close. It fell $0.01 during the day and reached $21.97. The stock was 0.96% compared to the previous weeks close.
Ocean Shore Holding Co. (NASDAQ:OSHC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.96 and $21.70 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $22.04. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.99, notching a gain of 0.05% for the day. The total traded volume was 163,223 . The stock had closed at $21.98 on the previous day.
The stock has recorded a 20-day Moving Average of 21.32% and the 50-Day Moving Average is 24.36%. In a related news,The director of Ocean Shore Holding Co., Young Samuel sold 6,000 shares at $15.43 on September 4, 2015. The Insider selling transaction had a total value worth of $92,580. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Ocean Shore Holding Co. is a savings and loan holding company for Ocean City Home Bank (the Bank). The Company is primarily engaged in the business of directing, planning and coordinating the business activities of the Bank. The Bank is a federally chartered savings bank that offers a range of financial services to consumers and businesses in its market area. The Bank accepts deposits from the general public, small businesses and municipalities and uses those funds to originate a range of consumer and commercial loans, which it holds primarily for investment. The Companys lending products include residential mortgage loans, commercial loans and mortgages, and home equity and other consumer loans. It also maintains an investment portfolio consisting primarily of mortgage-backed securities to manage its liquidity and interest rate risk. Its loan and investment portfolios are funded with deposits, as well as collateralized borrowings from the Federal Home Loan Bank of New York.