Bank of South Carolina (NASDAQ:BKSC) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Bank of South Carolina Co. (NASDAQ:BKSC) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $13.17 and traded as low as $13.00. Bank of South Carolina shares last traded at $13.26, with a volume of 2,793 shares.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of Bank of South Carolina in a report on Tuesday. They issued a “sell” rating for the company.

Bank of South Carolina Stock Up 0.8 %

The firm has a market cap of $71.99 million, a P/E ratio of 10.78 and a beta of 0.35. The firm has a fifty day moving average of $13.63 and a 200-day moving average of $13.17.

Bank of South Carolina Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 8th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 5.73%. The ex-dividend date is Tuesday, April 8th. Bank of South Carolina’s payout ratio is 61.79%.

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.