South Atlantic Bancshares (OTCMKTS:SABK - Get Free Report) issued its earnings results on Thursday. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.03, Zacks reports.
South Atlantic Bancshares Trading Up 1.1%
Shares of OTCMKTS SABK traded up $0.17 during trading hours on Thursday, hitting $16.16. 9,299 shares of the company traded hands, compared to its average volume of 2,639. The company's 50 day moving average price is $15.68 and its 200 day moving average price is $15.43. The stock has a market capitalization of $121.20 million, a price-to-earnings ratio of 10.92 and a beta of 0.16. South Atlantic Bancshares has a 12 month low of $13.30 and a 12 month high of $20.10.
South Atlantic Bancshares Company Profile
(
Get Free Report)
South Atlantic Bancshares, Inc operates as the bank holding company for South Atlantic Bank that provides consumer and commercial banking products and services to individuals, small businesses, and corporations in South Carolina. The company offers checking, money market, and saving accounts, as well as certificate of deposit, individual retirement, and health saving accounts; personal, auto, and recreation loans, as well as home equity and ready reserve overdraft line of credits, and commercial lending products; and credit cards.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider South Atlantic Bancshares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and South Atlantic Bancshares wasn't on the list.
While South Atlantic Bancshares currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
