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 research note issued to investors on Tuesday. The firm set a “sell” rating on the bank’s stock.

Bank of South Carolina Price Performance

BKSC stock opened at $12.26 on Tuesday. The company’s 50 day simple moving average is $11.82 and its 200-day simple moving average is $11.88. The firm has a market capitalization of $66.92 million, a PE ratio of 11.79 and a beta of 0.49. Bank of South Carolina has a 12 month low of $10.46 and a 12 month high of $15.02.

Bank of South Carolina (NASDAQ:BKSCGet Free Report) last released its quarterly earnings results on Thursday, October 10th. The bank reported $0.33 EPS for the quarter. The business had revenue of $5.77 million for 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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