South Atlantic Bancshares, Inc. (OTCMKTS:SABK - Get Free Report) were down 0.1% on Friday . The stock traded as low as $15.83 and last traded at $15.97. Approximately 2,409 shares were traded during trading, a decline of 18% from the average daily volume of 2,956 shares. The stock had previously closed at $15.98.
South Atlantic Bancshares Stock Down 0.1%
The company has a 50 day simple moving average of $15.65 and a two-hundred day simple moving average of $15.41. The company has a market capitalization of $119.78 million, a P/E ratio of 10.79 and a beta of 0.16.
South Atlantic Bancshares (OTCMKTS:SABK - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.03. The business had revenue of $14.28 million for the quarter, compared to analysts' expectations of $13.70 million. As a group, research analysts expect that South Atlantic Bancshares, Inc. will post 1.35 EPS for the current fiscal 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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