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

StockNews.com started coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a report released on Wednesday. The brokerage issued a sell rating on the bank’s stock.

Bank of South Carolina Stock Down 0.2 %

BKSC stock opened at $13.03 on Wednesday. The company’s 50-day moving average price is $13.12 and its two-hundred day moving average price is $12.16. The firm has a market cap of $70.81 million, a P/E ratio of 11.43 and a beta of 0.47. Bank of South Carolina has a 12 month low of $10.56 and a 12 month high of $15.02.

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

Bank of South Carolina Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.19 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.83%. Bank of South Carolina’s dividend payout ratio (DPR) is currently 66.67%.

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.