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Bank of South Carolina (NASDAQ:BKSC) Stock Crosses Above Fifty Day Moving Average - Should You Sell?

Bank of South Carolina logo with Finance background

Bank of South Carolina Co. (NASDAQ:BKSC - Get Free Report)'s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $13.67 and traded as high as $14.48. Bank of South Carolina shares last traded at $14.48, with a volume of 1,511 shares.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Bank of South Carolina in a research report on Saturday. They set a "sell" rating on the stock.

Read Our Latest Stock Report on BKSC

Bank of South Carolina Stock Performance

The company's 50 day moving average price is $13.67 and its 200-day moving average price is $13.47. The stock has a market cap of $78.54 million, a P/E ratio of 11.77 and a beta of 0.26.

Bank of South Carolina Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 8th were given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 5.25%. The ex-dividend date was Tuesday, April 8th. Bank of South Carolina's payout ratio is 58.46%.

About Bank of South Carolina

(Get Free Report)

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.

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