StockNews.com initiated coverage on shares of Bank of South Carolina (NASDAQ:BKSC – Free Report) in a research report sent to investors on Saturday morning. The firm issued a sell rating on the bank’s stock.
Bank of South Carolina Price Performance
Shares of NASDAQ:BKSC opened at $13.68 on Friday. The company’s 50 day simple moving average is $12.54 and its 200 day simple moving average is $12.01. Bank of South Carolina has a 1 year low of $10.56 and a 1 year high of $15.02. The stock has a market capitalization of $74.43 million, a price-to-earnings ratio of 12.00 and a beta of 0.47.
Bank of South Carolina (NASDAQ:BKSC – Get Free Report) last issued its quarterly earnings results on Thursday, October 10th. The bank reported $0.33 earnings per share (EPS) for the quarter. Bank of South Carolina had a return on equity of 13.18% and a net margin of 22.15%. The company had revenue of $5.77 million for the quarter.
Bank of South Carolina Increases Dividend
Bank of South Carolina Company Profile
Bank of South Carolina Corporation operates as a bank holding company for The Bank of South Carolina that provides a range of financial products and services primarily in Charleston, Berkeley, and Dorchester counties of South Carolina. Its deposits include non-interest-bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.
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