West Coast Community Bancorp (OTCMKTS:SCZC) Stock Falls 0.6% – What’s Next?

West Coast Community Bancorp (OTCMKTS:SCZC) was down 0.6% on Monday. The company traded as low as $59.24 and last traded at $59.50. 7,911 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 8,588 shares. The stock had previously closed at $59.85.

West Coast Community Bancorp Trading Down 0.6%

The stock has a market cap of $629.99 million, a PE ratio of 17.55 and a beta of 0.49. The company has a fifty day moving average of $59.01 and a 200-day moving average of $51.98.

Institutional Trading of West Coast Community Bancorp

A hedge fund recently raised its stake in West Coast Community Bancorp stock. Ancora Advisors LLC lifted its holdings in West Coast Community Bancorp (OTCMKTS:SCZC) by 14.2% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,820 shares of the financial services provider’s stock after purchasing an additional 850 shares during the period. Ancora Advisors LLC owned approximately 0.06% of West Coast Community Bancorp worth $341,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 9.69% of the company’s stock.

About West Coast Community Bancorp

West Coast Community Bancorp is a bank holding company for West Coast Community Bank, a community-focused financial institution headquartered in Santa Cruz, California. The bank provides banking services to individuals, families, businesses and nonprofit organizations in California’s Central Coast region.

Its products and services include personal and business checking and savings accounts, certificates of deposit, online and mobile banking, commercial real estate and business loans, consumer lending, residential lending and cash-management services.