The Southern Banc Company, Inc. (OTCMKTS:SRNN – Get Free Report) dropped 6.3% during trading on Tuesday . The stock traded as low as $12.76 and last traded at $12.76. Approximately 4,000 shares changed hands during mid-day trading, an increase of 268% from the average daily volume of 1,087 shares. The stock had previously closed at $13.62.
Southern Banc Stock Performance
The company has a market cap of $11.26 million, a price-to-earnings ratio of 7.60 and a beta of -0.35. The firm has a fifty day moving average price of $12.83 and a 200 day moving average price of $12.19.
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.
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