StockNews.com Initiates Coverage on Bank of South Carolina (NASDAQ:BKSC)

Investment analysts at StockNews.com began coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a report released on Monday. The firm set a “sell” rating on the bank’s stock.

Bank of South Carolina Stock Performance

Bank of South Carolina stock opened at $13.54 on Monday. Bank of South Carolina has a 1 year low of $10.56 and a 1 year high of $13.99. The firm has a 50 day moving average price of $13.28 and a 200 day moving average price of $12.58. The company has a market cap of $73.52 million, a price-to-earnings ratio of 11.01 and a beta of 0.47.

About Bank of South Carolina

Bank of South Carolina Corporation operates as a bank holding company for The Bank of South Carolina that provides a range of financial products and services primarily in Charleston, Berkeley, and Dorchester counties of South Carolina. Its deposits include non-interest-bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.