South Atlantic Bancshares (OTCMKTS:SABK) Stock Price Down 0.1% - What's Next?

South Atlantic Bancshares, Inc. (OTCMKTS:SABK - Get Free Report) dropped 0.1% on Tuesday . The company traded as low as $15.72 and last traded at $15.99. Approximately 1,907 shares were traded during trading, a decline of 42% from the average daily volume of 3,261 shares. The stock had previously closed at $16.00.

South Atlantic Bancshares Trading Up 0.2%

The stock has a market capitalization of $121.66 million, a P/E ratio of 13.45 and a beta of 0.19. The firm's fifty day moving average is $15.17 and its 200-day moving average is $15.35.

South Atlantic Bancshares (OTCMKTS:SABK - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.40 by $0.03. The company had revenue of $14.28 million for the quarter, compared to the consensus estimate of $13.70 million. Equities research analysts expect that South Atlantic Bancshares, Inc. will post 1.35 EPS for the current year.

About South Atlantic Bancshares

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.