Bank of South Carolina (NASDAQ:BKSC) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Bank of South Carolina Co. (NASDAQ:BKSC) passed above its 200-day moving average during trading on Friday . The stock has a 200-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 began coverage on shares of Bank of South Carolina in a research note on Saturday. They set a “sell” rating on the stock.

Bank of South Carolina Stock Down 0.0 %

The firm has a market cap of $71.13 million, a price-to-earnings ratio of 10.65 and a beta of 0.47. The stock’s 50 day moving average is $13.32 and its 200 day moving average is $12.40.

Bank of South Carolina Dividend Announcement

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

Bank of South Carolina Company Profile

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.