Bank of South Carolina (NASDAQ:BKSC) Shares Pass Above 200-Day Moving Average – What’s Next?

Shares of Bank of South Carolina Co. (NASDAQ:BKSC) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $12.40 and traded as high as $13.11. Bank of South Carolina shares last traded at $13.10, with a volume of 3,542 shares.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Bank of South Carolina in a report on Saturday. They set a “sell” rating on the stock.

Bank of South Carolina Stock Down 0.0 %

The company has a market cap of $71.13 million, a price-to-earnings ratio of 10.79 and a beta of 0.47. The company has a fifty day simple moving average of $13.32 and a two-hundred day simple moving average of $12.41.

Bank of South Carolina Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 5.80%. The ex-dividend date of this dividend is Tuesday, December 31st. Bank of South Carolina’s dividend payout ratio (DPR) is 61.79%.

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.