Bank of South Carolina (NASDAQ:BKSC) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a note issued to investors on Saturday. The brokerage set a “sell” rating on the bank’s stock.

Bank of South Carolina Trading Up 0.8 %

NASDAQ:BKSC opened at $11.69 on Friday. The stock has a market capitalization of $63.80 million, a price-to-earnings ratio of 11.24 and a beta of 0.49. The firm has a fifty day simple moving average of $11.75 and a two-hundred day simple moving average of $11.94. Bank of South Carolina has a 12 month low of $10.22 and a 12 month high of $15.02.

Bank of South Carolina (NASDAQ:BKSC) last posted its quarterly earnings results on Thursday, July 11th. The bank reported $0.32 EPS for the quarter. The business had revenue of $5.61 million during the quarter. Bank of South Carolina had a net margin of 20.76% and a return on equity of 12.48%.

Bank of South Carolina Company Profile

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.