South Atlantic Bancshares (OTCMKTS:SABK) Stock Price Up 0.4%

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South Atlantic Bancshares, Inc. (OTCMKTS:SABK) rose 0.4% during mid-day trading on Tuesday . The stock traded as high as $13.00 and last traded at $13.00. Approximately 155 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 4,065 shares. The stock had previously closed at $12.95.

The firm has a market cap of $97.88 million, a P/E ratio of 14.77 and a beta of 0.84. The company’s 50 day simple moving average is $12.47 and its 200-day simple moving average is $11.48.

South Atlantic Bancshares Company Profile (OTCMKTS:SABK)

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 operates eleven offices in Myrtle Beach, Carolina Forest, North Myrtle Beach, Murrells Inlet, Pawleys Island, Georgetown, Mount Pleasant, Charleston, Blufton, and Hilton Head Island, South Carolina.

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