Southern California Bancorp (NASDAQ:BCAL - Get Free Report) shot up 0.1% on Friday . The company traded as high as $14.59 and last traded at $14.52. 16,427 shares traded hands during trading, a decline of 55% from the average session volume of 36,747 shares. The stock had previously closed at $14.51.
Wall Street Analysts Forecast Growth
Separately, Stephens began coverage on shares of Southern California Bancorp in a research note on Friday, December 8th. They set an "equal weight" rating for the company.
Check Out Our Latest Report on BCAL
Southern California Bancorp Price Performance
The stock's 50 day simple moving average is $15.24 and its two-hundred day simple moving average is $15.33. The firm has a market cap of $267.60 million and a P/E ratio of 10.45.
Hedge Funds Weigh In On Southern California Bancorp
Institutional investors and hedge funds have recently made changes to their positions in the business. Alliancebernstein L.P. bought a new stake in shares of Southern California Bancorp during the second quarter valued at approximately $24,732,000. Vanguard Group Inc. increased its position in shares of Southern California Bancorp by 310.4% during the fourth quarter. Vanguard Group Inc. now owns 723,692 shares of the company's stock valued at $12,556,000 after acquiring an additional 547,360 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in shares of Southern California Bancorp during the second quarter valued at approximately $3,631,000. Boothbay Fund Management LLC bought a new stake in shares of Southern California Bancorp during the second quarter valued at approximately $2,058,000. Finally, Eclectic Associates Inc. ADV bought a new stake in shares of Southern California Bancorp during the third quarter valued at approximately $1,015,000. Institutional investors own 55.40% of the company's stock.
About Southern California Bancorp
(
Get Free Report)
Southern California Bancorp operates as the holding company for Bank of Southern California, N.A. that provides various financial products to individuals, professionals, and small-to medium-sized businesses. The company offers checking, personal and business savings, and money market accounts, as well as certificates of deposit.
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