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

Stock analysts at StockNews.com assumed coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a research report issued to clients and investors on Monday. The brokerage set a “sell” rating on the bank’s stock.

Bank of South Carolina Stock Performance

BKSC stock opened at $13.60 on Monday. The firm has a 50 day moving average price of $13.62 and a 200-day moving average price of $13.12. Bank of South Carolina has a 52-week low of $10.56 and a 52-week high of $14.25. The firm has a market capitalization of $73.83 million, a price-to-earnings ratio of 11.06 and a beta of 0.43.

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.