StockNews.com Begins 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 Monday. The firm set a “sell” rating on the bank’s stock.

Bank of South Carolina Trading Up 0.6 %

Shares of NASDAQ:BKSC opened at $12.07 on Monday. Bank of South Carolina has a 12-month low of $10.35 and a 12-month high of $15.02. The stock’s 50-day moving average price is $11.77 and its two-hundred day moving average price is $11.90. The firm has a market cap of $65.88 million, a price-to-earnings ratio of 11.61 and a beta of 0.49.

Bank of South Carolina (NASDAQ:BKSCGet Free Report) last issued its quarterly earnings results on Thursday, July 11th. The bank reported $0.32 EPS for the quarter. The firm had revenue of $5.61 million during the quarter. Bank of South Carolina had a net margin of 20.76% and a return on equity of 12.48%.

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.

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