Southern First Bancshares, Inc. (NASDAQ:SFST) Director Rudolph G. Johnstone III sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 14th. The stock was sold at an average price of $50.25, for a total value of $100,500.00. The sale was disclosed in a filing with the SEC, which is available at this link.
SFST opened at $49.64 on Friday. Southern First Bancshares, Inc. has a 1-year low of $23.16 and a 1-year high of $56.42. The stock’s fifty day simple moving average is $50.40 and its 200 day simple moving average is $50.74. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.14. The stock has a market cap of $392.16 million, a PE ratio of 12.47 and a beta of 1.06.
Southern First Bancshares (NASDAQ:SFST) last posted its quarterly earnings results on Monday, July 26th. The bank reported $1.29 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.15. Southern First Bancshares had a return on equity of 13.43% and a net margin of 27.10%. Equities analysts forecast that Southern First Bancshares, Inc. will post 4.98 earnings per share for the current year.
Separately, Zacks Investment Research cut Southern First Bancshares from a “buy” rating to a “hold” rating in a research note on Friday, August 6th.
Southern First Bancshares Company Profile
Southern First Bancshares, Inc is a bank holding company, which engages in the provision of banking products and services for small-to medium-sized businesses, professionals, and other individuals. It operates through the following segments: Commercial and Retail Banking, Mortgage Banking, and Corporate.
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