South Atlantic Bancshares, Inc. (OTCMKTS:SABK - Get Free Report)'s stock price traded down 1.3% during trading on Thursday . The stock traded as low as $15.75 and last traded at $15.75. 6,736 shares changed hands during mid-day trading, an increase of 91% from the average session volume of 3,524 shares. The stock had previously closed at $15.95.
South Atlantic Bancshares Stock Performance
The stock has a market cap of $119.70 million, a price-to-earnings ratio of 10.64 and a beta of 0.16. The business's 50 day moving average is $15.46 and its 200 day moving average is $15.39.
South Atlantic Bancshares (OTCMKTS:SABK - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.03. The business had revenue of $14.28 million during the quarter, compared to analyst estimates of $13.70 million. Research analysts expect that South Atlantic Bancshares, Inc. will post 1.35 earnings per share for the current year.
About South Atlantic Bancshares
(
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.
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