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

Analysts at StockNews.com initiated coverage on shares of Bank of South Carolina (NASDAQ:BKSC - Get Free Report) in a note issued to investors on Friday. The brokerage set a "sell" rating on the bank's stock.

Bank of South Carolina Stock Down 5.8 %

NASDAQ:BKSC traded down $0.87 during trading hours on Friday, reaching $14.20. 5,901 shares of the stock were exchanged, compared to its average volume of 2,224. Bank of South Carolina has a 52 week low of $10.56 and a 52 week high of $15.44. The stock has a market capitalization of $77.04 million, a P/E ratio of 11.54 and a beta of 0.26. The firm has a 50 day simple moving average of $13.64 and a 200-day simple moving average of $13.44.

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.