StockNews.com Initiates Coverage on Bank of South Carolina (NASDAQ:BKSC)

Equities research analysts at StockNews.com initiated coverage on shares of Bank of South Carolina (NASDAQ:BKSCGet Free Report) in a note issued to investors on Friday. The firm set a “sell” rating on the bank’s stock.

Bank of South Carolina Price Performance

BKSC opened at $13.57 on Friday. The firm has a 50 day simple moving average of $12.30 and a 200 day simple moving average of $11.99. Bank of South Carolina has a fifty-two week low of $10.56 and a fifty-two week high of $15.02. The company has a market cap of $73.96 million, a price-to-earnings ratio of 11.90 and a beta of 0.47.

Bank of South Carolina (NASDAQ:BKSCGet Free Report) last issued its earnings results on Thursday, October 10th. The bank reported $0.33 EPS for the quarter. Bank of South Carolina had a net margin of 22.15% and a return on equity of 13.18%. The company had revenue of $5.77 million during the quarter.

About Bank of South Carolina

(Get Free Report)

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.

Further Reading

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