West Coast Community Bancorp (OTCMKTS:SCZC) Stock Price Down 0.6% – Time to Sell?

Shares of West Coast Community Bancorp (OTCMKTS:SCZC) fell 0.6% during trading on Monday. The company traded as low as $59.24 and last traded at $59.50. 7,911 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 8,588 shares. The stock had previously closed at $59.85.

West Coast Community Bancorp Trading Down 0.6%

The business’s 50 day simple moving average is $59.16 and its two-hundred day simple moving average is $52.05. The firm has a market capitalization of $629.99 million, a PE ratio of 17.55 and a beta of 0.49.

Institutional Inflows and Outflows

An institutional investor recently raised its position in West Coast Community Bancorp stock. Ancora Advisors LLC grew its holdings in West Coast Community Bancorp (OTCMKTS:SCZC) by 14.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,820 shares of the financial services provider’s stock after acquiring an additional 850 shares during the period. Ancora Advisors LLC owned about 0.06% of West Coast Community Bancorp worth $341,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 9.69% of the company’s stock.

West Coast Community Bancorp Company Profile

West Coast Community Bancorp is a bank holding company whose principal banking subsidiary is Santa Cruz County Bank. The bank provides personal and business banking services, including deposit accounts, lending, and cash-management services. Founded in 2004, Santa Cruz County Bank serves individuals, businesses, and community organizations in California’s Santa Cruz, Monterey, and Santa Clara counties. Its offerings include checking and savings accounts, business banking solutions, and loans for personal and commercial needs.