Bank of South Carolina (NASDAQ:BKSC) Earns Sell Rating from Analysts at StockNews.com

Analysts at StockNews.com assumed coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a report released on Friday. The brokerage set a “sell” rating on the bank’s stock.

Bank of South Carolina Price Performance

Shares of NASDAQ BKSC opened at $13.48 on Friday. The company has a market capitalization of $73.25 million, a price-to-earnings ratio of 11.82 and a beta of 0.47. Bank of South Carolina has a 1-year low of $10.56 and a 1-year high of $13.99. The business has a 50-day moving average of $13.30 and a 200-day moving average of $12.30.

Bank of South Carolina (NASDAQ:BKSC) last posted its quarterly earnings results on Thursday, October 10th. The bank reported $0.33 EPS for the quarter. Bank of South Carolina had a return on equity of 12.84% and a net margin of 22.15%. The business had revenue of $5.77 million during the quarter.

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.