Free Trial

South Atlantic Bancshares (OTCMKTS:SABK) Stock Price Up 1.3% - Time to Buy?

South Atlantic Bancshares logo with Finance background

South Atlantic Bancshares, Inc. (OTCMKTS:SABK - Get Free Report)'s stock price traded up 1.3% during trading on Wednesday . The company traded as high as $15.95 and last traded at $15.50. 1,613 shares were traded during trading, a decline of 46% from the average session volume of 3,006 shares. The stock had previously closed at $15.30.

South Atlantic Bancshares Stock Down 2.1%

The company's fifty day moving average is $15.39 and its 200-day moving average is $15.44. The company has a market cap of $115.28 million, a PE ratio of 12.74 and a beta of 0.19.

South Atlantic Bancshares (OTCMKTS:SABK - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.03. The business had revenue of $14.28 million during 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 fiscal year.

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.

Read More

Should You Invest $1,000 in South Atlantic Bancshares Right Now?

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

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

2 Chip Stocks Are Soaring—But One Could Break Out This Summer
Congress Bought This Stock at the Bottom—Will You Miss It?
These 3 Penny Stocks Could Surprise Everyone This Summer!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines