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Bank of South Carolina (NASDAQ:BKSC) Stock Passes Above 200 Day Moving Average - Time to Sell?

Bank of South Carolina logo with Finance background

Bank of South Carolina Co. (NASDAQ:BKSC - Get Free Report)'s share price 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 trading hands.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Bank of South Carolina in a research report on Saturday. They issued a "sell" rating for the company.

Read Our Latest Research Report on BKSC

Bank of South Carolina Price Performance

The stock has a 50 day moving average price of $13.32 and a two-hundred day moving average price of $12.40. The company has a market capitalization of $71.13 million, a price-to-earnings ratio of 10.65 and a beta of 0.47.

Bank of South Carolina Announces Dividend

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

About Bank of South Carolina

(Get Free Report)

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.

Further Reading

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