Bank of South Carolina (NASDAQ:BKSC) Now Covered by Analysts at StockNews.com

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

Bank of South Carolina Price Performance

Shares of BKSC opened at $11.19 on Wednesday. The firm has a 50-day moving average of $11.87 and a 200-day moving average of $12.43. Bank of South Carolina has a one year low of $9.52 and a one year high of $15.24. The company has a market cap of $61.10 million, a PE ratio of 11.78 and a beta of 0.50.

Bank of South Carolina (NASDAQ:BKSCGet Free Report) last announced its quarterly earnings data on Tuesday, April 9th. The bank reported $0.25 EPS for the quarter. Bank of South Carolina had a net margin of 19.55% and a return on equity of 11.85%. The company had revenue of $5.16 million during the quarter.

Bank of South Carolina Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Monday, July 8th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.08%. The ex-dividend date is Monday, July 8th. Bank of South Carolina’s dividend payout ratio (DPR) is presently 71.58%.

Institutional Trading of Bank of South Carolina

An institutional investor recently bought a new position in Bank of South Carolina stock. Raymond James Financial Services Advisors Inc. bought a new position in shares of Bank of South Carolina Co. (NASDAQ:BKSCFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 10,000 shares of the bank’s stock, valued at approximately $150,000. Raymond James Financial Services Advisors Inc. owned about 0.18% of Bank of South Carolina as of its most recent filing with the Securities and Exchange Commission. 0.18% of the stock is currently owned by institutional investors.

Bank of South Carolina Company Profile

(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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