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

Equities researchers at StockNews.com initiated coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a research note issued to investors on Friday. The brokerage set a “sell” rating on the bank’s stock.

Bank of South Carolina Stock Performance

Shares of Bank of South Carolina stock opened at $13.50 on Friday. The company’s 50-day moving average price is $13.53 and its 200-day moving average price is $12.89. Bank of South Carolina has a 12-month low of $10.56 and a 12-month high of $14.25. The company has a market cap of $73.29 million, a price-to-earnings ratio of 10.98 and a beta of 0.43.

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.