StockNews.com assumed coverage on shares of Bank of South Carolina (NASDAQ:BKSC – Free Report) in a research report report published on Monday morning. The brokerage issued a sell rating on the bank’s stock.
Bank of South Carolina Stock Performance
Bank of South Carolina stock opened at $12.40 on Monday. Bank of South Carolina has a 52 week low of $9.52 and a 52 week high of $15.24. The stock has a market capitalization of $67.70 million, a P/E ratio of 13.05 and a beta of 0.57. The stock has a fifty day moving average of $12.30 and a 200-day moving average of $12.64.
Bank of South Carolina (NASDAQ:BKSC – Get Free Report) last issued its earnings results on Tuesday, April 9th. The bank reported $0.25 EPS for the quarter. Bank of South Carolina had a return on equity of 12.11% and a net margin of 19.55%. The firm had revenue of $5.16 million during the quarter.
Bank of South Carolina Announces Dividend
Hedge Funds Weigh In On Bank of South Carolina
A hedge fund recently bought a new stake in Bank of South Carolina stock. Raymond James Financial Services Advisors Inc. purchased a new position in shares of Bank of South Carolina Co. (NASDAQ:BKSC – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,000 shares of the bank’s stock, valued at approximately $150,000. Raymond James Financial Services Advisors Inc. owned about 0.18% of Bank of South Carolina at the end of the most recent quarter. 0.18% of the stock is owned by institutional investors and hedge funds.
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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