Southern Banc (OTCMKTS:SRNN) Stock Price Down 6.3% – Here’s Why

The Southern Banc Company, Inc. (OTCMKTS:SRNNGet Free Report) fell 6.3% on Tuesday . The company traded as low as $12.76 and last traded at $12.76. 4,000 shares changed hands during trading, an increase of 268% from the average session volume of 1,087 shares. The stock had previously closed at $13.62.

Southern Banc Stock Down 6.3 %

The business’s 50 day moving average is $12.80 and its two-hundred day moving average is $12.18. The firm has a market capitalization of $10.28 million, a P/E ratio of 6.97 and a beta of -0.35.

Southern Banc Company Profile

(Get Free Report)

The Southern Banc Company, Inc operates as the holding company for The Southern Bank company that provides various banking products and services in Alabama. The company’s personal banking products include checking accounts, home mortgage loans, home equity loans, auto loans, and personal loans. Its business banking products comprise business checking accounts, cash flow management, real estate lending, and equipment financing.

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