South Atlantic Bancshares (OTCMKTS:SABK – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.31 by $0.03, Yahoo Finance reports. The business had revenue of $24.51 million during the quarter, compared to analyst estimates of $12.30 million.
South Atlantic Bancshares Price Performance
Shares of OTCMKTS:SABK remained flat at $14.27 during trading on Friday. 451 shares of the company’s stock traded hands, compared to its average volume of 5,857. The firm’s fifty day simple moving average is $14.04 and its 200 day simple moving average is $12.85. The stock has a market cap of $108.00 million, a P/E ratio of 12.20 and a beta of 0.37. South Atlantic Bancshares has a fifty-two week low of $9.86 and a fifty-two week high of $15.49.
About South Atlantic Bancshares
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