West Coast Community Bancorp (OTCMKTS:SCZC) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

West Coast Community Bancorp (OTCMKTS:SCZC) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $53.21 and traded as high as $57.45. West Coast Community Bancorp shares last traded at $57.45, with a volume of 3,640 shares trading hands.

West Coast Community Bancorp Price Performance

The stock has a market capitalization of $616.75 million, a PE ratio of 17.18 and a beta of 0.49. The stock’s fifty day moving average is $53.37 and its 200-day moving average is $50.27.

Institutional Trading of West Coast Community Bancorp

An institutional investor recently raised its position in West Coast Community Bancorp stock. Ancora Advisors LLC grew its stake in West Coast Community Bancorp (OTCMKTS:SCZC) by 14.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,820 shares of the financial services provider’s stock after purchasing an additional 850 shares during the quarter. Ancora Advisors LLC owned approximately 0.06% of West Coast Community Bancorp worth $341,000 as of its most recent SEC filing. Institutional investors and hedge funds own 9.69% of the company’s stock.

About West Coast Community Bancorp

West Coast Community Bancorp operates as the bank holding company for Santa Cruz County Bank that provides a range of commercial and personal banking services to residents and businesses in the United States. It offers checking, savings, money market, certificate of deposits, and health savings accounts; and individual retirement account and retirement plans. The company also provides lending products, including real estate commercial property, construction, asset-based, lines of credit, SBA loans, 504 loan program, business and industry, farm services agency, agricultural, and wine industry lending.