Southern Banc Co. (OTCMKTS:SRNN – Get Free Report)’s stock price dropped 4.5% on Thursday . The company traded as low as $14.50 and last traded at $14.50. Approximately 140 shares were traded during trading, a decline of 75% from the average daily volume of 551 shares. The stock had previously closed at $15.19.
Southern Banc Trading Down 4.5%
The stock has a market cap of $11.75 million, a price-to-earnings ratio of 10.36 and a beta of -0.02. The stock’s 50 day moving average is $12.48 and its two-hundred day moving average is $11.30.
Southern Banc (OTCMKTS:SRNN – Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.48 earnings per share for the quarter. The firm had revenue of $2.53 million during the quarter. Southern Banc had a net margin of 8.42% and a return on equity of 6.13%.
About Southern Banc
The Southern Banc Company, Inc operates as the holding company for The Southern Bank company that provides various banking products and services in Alabama. The company’s personal banking products include checking accounts, home mortgage loans, home equity loans, auto loans, and personal loans. Its business banking products comprise business checking accounts, cash flow management, real estate lending, and equipment financing. The Southern Banc Company, Inc was founded in 1936 and is based in Gadsden, Alabama.
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