Southern Banc (OTCMKTS:SRNN) Trading Up 4.4%

The Southern Banc Company, Inc. (OTCMKTS:SRNN) shares rose 4.4% during mid-day trading on Tuesday . The company traded as high as $11.90 and last traded at $11.90. Approximately 4,100 shares traded hands during mid-day trading, an increase of 227% from the average daily volume of 1,254 shares. The stock had previously closed at $11.40.

Southern Banc Price Performance

The company has a market capitalization of $9.64 million, a PE ratio of 4.67 and a beta of -0.35. The firm’s 50 day simple moving average is $12.11 and its 200 day simple moving average is $12.24.

Southern Banc (OTCMKTS:SRNN) last announced its quarterly earnings data on Tuesday, May 14th. The company reported $0.44 earnings per share (EPS) for the quarter. Southern Banc had a net margin of 18.83% and a return on equity of 15.16%. The company had revenue of $2.06 million during the quarter.

Southern Banc Company Profile

The Southern Banc Company, Inc operates as the holding company for The Southern Bank company that provides various banking products and services in Alabama. The company's personal banking products include checking accounts, home mortgage loans, home equity loans, auto loans, and personal loans. Its business banking products comprise business checking accounts, cash flow management, real estate lending, and equipment financing.