Bank of South Carolina (NASDAQ:BKSC) Receives New Coverage from Analysts at StockNews.com

StockNews.com started coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a research note published on Wednesday. The firm issued a sell rating on the bank’s stock.

Bank of South Carolina Stock Up 1.2 %

BKSC stock opened at $11.64 on Wednesday. Bank of South Carolina has a 52 week low of $9.52 and a 52 week high of $15.02. The firm has a 50-day simple moving average of $11.61 and a 200-day simple moving average of $12.00. The stock has a market capitalization of $63.53 million, a P/E ratio of 11.19 and a beta of 0.50.

Bank of South Carolina (NASDAQ:BKSC) last posted its quarterly earnings data on Thursday, July 11th. The bank reported $0.32 EPS for the quarter. Bank of South Carolina had a return on equity of 12.48% and a net margin of 20.76%. The company had revenue of $5.61 million during the quarter.

Bank of South Carolina Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Monday, July 8th were issued a $0.17 dividend. The ex-dividend date of this dividend was Monday, July 8th. This represents a $0.68 dividend on an annualized basis and a yield of 5.84%. Bank of South Carolina’s payout ratio is currently 65.38%.

Bank of South Carolina Company Profile

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.