Shares of Southern Banc Co. (OTCMKTS:SRNN – Get Free Report) dropped 2.1% during trading on Monday. The stock traded as low as $16.46 and last traded at $16.46. Approximately 760 shares were traded during mid-day trading, an increase of 1,117% from the average daily volume of 62 shares. The stock had previously closed at $16.8125.
Southern Banc Trading Down 2.1%
The firm’s 50 day simple moving average is $16.29 and its two-hundred day simple moving average is $14.31. The firm has a market cap of $13.33 million, a price-to-earnings ratio of 11.76 and a beta of -0.05.
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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