StockNews.com Initiates Coverage on Bank of South Carolina (NASDAQ:BKSC)

Research analysts at StockNews.com started coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a research note issued to investors on Tuesday. The firm set a “sell” rating on the bank’s stock.

Bank of South Carolina Trading Up 0.1 %

BKSC stock opened at $13.01 on Tuesday. The business’s 50 day simple moving average is $13.01 and its 200 day simple moving average is $12.11. The firm has a market capitalization of $70.70 million, a PE ratio of 11.41 and a beta of 0.47. Bank of South Carolina has a 1-year low of $10.56 and a 1-year high of $15.02.

Bank of South Carolina (NASDAQ:BKSC) last posted its earnings results on Thursday, October 10th. The bank reported $0.33 EPS for the quarter. The company had revenue of $5.77 million for the quarter. Bank of South Carolina had a return on equity of 12.84% and a net margin of 22.15%.

About Bank of South Carolina

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.