Southern Banc (OTCMKTS:SRNN) Stock Breaks Above 50-Day Moving Average – Should You Sell?

Southern Banc Co. (OTCMKTS:SRNN) shares passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $16.58 and traded as high as $17.38. Southern Banc shares last traded at $17.38, with a volume of 2,639 shares.

Southern Banc Stock Performance

The business has a 50 day simple moving average of $16.58 and a 200-day simple moving average of $14.19. The stock has a market capitalization of $14.08 million, a P/E ratio of 9.34 and a beta of 0.33.

Southern Banc (OTCMKTS:SRNN) last posted its quarterly earnings data on Thursday, November 12th. The company reported $0.99 EPS for the quarter. Southern Banc had a return on equity of 8.03% and a net margin of 10.75%.

Southern Banc Company Profile

Southern Banc is a bank holding company for Southern Bank, a community-focused financial institution serving individuals, families and businesses in portions of Missouri and Arkansas. Its banking operations are centered on relationship-based financial services for local markets. Southern Bank provides deposit products such as checking and savings accounts, money market accounts and certificates of deposit. Its lending activities include residential real estate, commercial, agricultural and consumer loans.