West Coast Community Bancorp (OTCMKTS:SCZC) Share Price Passes Above Fifty Day Moving Average – Here’s Why

West Coast Community Bancorp (OTCMKTS:SCZC) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $54.23 and traded as high as $59.48. West Coast Community Bancorp shares last traded at $59.30, with a volume of 9,710 shares changing hands.

West Coast Community Bancorp Stock Up 1.0%

The company has a 50-day moving average of $54.23 and a 200 day moving average of $50.63. The stock has a market capitalization of $634.22 million, a PE ratio of 17.67 and a beta of 0.49.

Institutional Trading of West Coast Community Bancorp

An institutional investor recently raised its stake in West Coast Community Bancorp stock. Ancora Advisors LLC raised its holdings in West Coast Community Bancorp (OTCMKTS:SCZC) by 14.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,820 shares of the financial services provider’s stock after acquiring an additional 850 shares during the period. Ancora Advisors LLC owned approximately 0.06% of West Coast Community Bancorp worth $341,000 at the end of the most recent quarter. Institutional investors own 9.69% of the company’s stock.

West Coast Community Bancorp Company Profile

West Coast Community Bancorp operates as the bank holding company for Santa Cruz County Bank that provides a range of commercial and personal banking services to residents and businesses in the United States. It offers checking, savings, money market, certificate of deposits, and health savings accounts; and individual retirement account and retirement plans. The company also provides lending products, including real estate commercial property, construction, asset-based, lines of credit, SBA loans, 504 loan program, business and industry, farm services agency, agricultural, and wine industry lending.