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

Investment analysts at StockNews.com assumed coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a note issued to investors on Saturday. The brokerage set a “sell” rating on the bank’s stock.

Bank of South Carolina Price Performance

Shares of BKSC stock opened at $13.10 on Friday. The business’s fifty day moving average price is $13.32 and its 200 day moving average price is $12.42. Bank of South Carolina has a 1-year low of $10.56 and a 1-year high of $13.99. The firm has a market capitalization of $71.13 million, a PE ratio of 10.65 and a beta of 0.47.

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.