Bank of South Carolina (NASDAQ:BKSC) Share Price Crosses Above 200-Day Moving Average - Here's What Happened
Bank of South Carolina (NASDAQ:BKSC) shares have crossed above their 200-day moving average of $12.40, reaching a high of $13.11 during trading. The stock last traded at $13.10 with a volume of 3,542 shares. Analysts from StockNews.com have initiated coverage with a "sell" rating. The company also announced a quarterly dividend of $0.19, payable on January 31st, with a yield of 5.80%. The stock has a market cap of $71.13 million and a P/E ratio of 10.65.
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.
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Wall Street Analysts Forecast Growth
Separately, 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 Carolina
Bank of South Carolina Price Performance
The 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 Dividend
The 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.
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