Bank of South Carolina (NASDAQ:BKSC) Share Price Crosses Above 200-Day Moving Average - Here's What Happened

Bank of South Carolina Co. (NASDAQ:BKSC - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $12.40 and traded as high as $13.11. Bank of South Carolina shares last traded at $13.10, with a volume of 3,542 shares.Get Bank of South Carolina alerts:Wall Street Analysts Forecast GrowthSeparately, StockNews.com began coverage on shares of Bank of South Carolina in a report on Saturday. They set a "sell" rating for the company.View Our Latest Stock Analysis on Bank of South CarolinaBank of South Carolina Price PerformanceThe company has a 50 day simple moving average of $13.32 and a 200-day simple moving average of $12.40. The stock has a market cap of $71.13 million, a P/E ratio of 10.65 and a beta of 0.47. Bank of South Carolina Announces DividendThe company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be paid a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 5.80%. The ex-dividend date of this dividend is Tuesday, December 31st. Bank of South Carolina's dividend payout ratio is currently 61.79%. About Bank of South Carolina (Get Free Report)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.Featured ArticlesFive stocks we like better than Bank of South CarolinaWhat Investors Need to Know About Upcoming IPOsAI Demand Sparks Opportunities for These 3 Nuclear Energy LeadersHow to Effectively Use the MarketBeat Ratings ScreenerTSMC: Long-Term Outlook Still Strong as Geopolitical Risk RisesShort Selling - The Pros and Cons Uber’s NVIDIA Deal and Buybacks Signal Major UpsideThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Bank of South Carolina Right Now?Before you consider Bank of South Carolina, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bank of South Carolina wasn't on the list.While Bank of South Carolina currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here