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

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

Bank of South Carolina Stock Performance

BKSC opened at $13.71 on Friday. Bank of South Carolina has a one year low of $10.56 and a one year high of $15.02. The stock has a market capitalization of $74.56 million, a P/E ratio of 12.02 and a beta of 0.47. The business’s 50-day simple moving average is $12.50 and its 200-day simple moving average is $12.01.

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

Bank of South Carolina Company Profile

(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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