West Coast Community Bancorp (OTCMKTS:SCZC) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

West Coast Community Bancorp (OTCMKTS:SCZC)’s share price passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $57.25 and traded as high as $59.84. West Coast Community Bancorp shares last traded at $59.50, with a volume of 7,911 shares trading hands.

West Coast Community Bancorp Price Performance

The stock’s 50 day moving average is $57.25 and its 200 day moving average is $52.73. The firm has a market cap of $629.99 million, a price-to-earnings ratio of 17.55 and a beta of 0.49.

Institutional Inflows and Outflows

An institutional investor recently raised its position in West Coast Community Bancorp stock. Ancora Advisors LLC lifted its stake in shares of West Coast Community Bancorp (OTCMKTS:SCZC) by 14.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,820 shares of the financial services provider’s stock after purchasing an additional 850 shares during the period. Ancora Advisors LLC owned 0.06% of West Coast Community Bancorp worth $341,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 9.69% of the company’s stock.

About West Coast Community Bancorp

West Coast Community Bancorp is a bank holding company headquartered in California. Through its banking subsidiary, the company provides community banking services to individuals, businesses, nonprofit organizations and professional clients.

The company’s banking products and services generally include business and personal checking and savings accounts, certificates of deposit, commercial and consumer lending, real estate financing, lines of credit, cash-management services and online banking.