StockNews.com initiated coverage on shares of Bank of South Carolina (NASDAQ:BKSC – Get Free Report) in a research report issued to clients and investors on Tuesday. The brokerage set a “sell” rating on the bank’s stock.
Bank of South Carolina Stock Performance
NASDAQ BKSC opened at $12.24 on Tuesday. The stock has a 50 day moving average price of $11.80 and a 200-day moving average price of $11.88. The company has a market capitalization of $66.79 million, a P/E ratio of 11.77 and a beta of 0.49. Bank of South Carolina has a one year low of $10.46 and a one year high of $15.02.
Bank of South Carolina (NASDAQ:BKSC – Get Free Report) last released its earnings results on Thursday, October 10th. The bank reported $0.33 EPS for the quarter. Bank of South Carolina had a return on equity of 12.48% and a net margin of 20.76%. The firm had revenue of $5.77 million for the quarter.
About Bank of South Carolina
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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