South Atlantic Bancshares (OTCMKTS:SABK – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03, Yahoo Finance reports. The firm had revenue of $24.51 million for the quarter, compared to analyst estimates of $12.30 million.
South Atlantic Bancshares Stock Performance
SABK remained flat at $14.27 on Friday. 451 shares of the company were exchanged, compared to its average volume of 5,857. The company has a market capitalization of $108.00 million, a P/E ratio of 12.20 and a beta of 0.37. The company’s fifty day simple moving average is $14.04 and its 200 day simple moving average is $12.85. South Atlantic Bancshares has a 12-month low of $9.86 and a 12-month high of $15.49.
About South Atlantic Bancshares
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