Southern Banc (OTCMKTS:SRNN) Stock Price Up 0% – Still a Buy?

The Southern Banc Company, Inc. (OTCMKTS:SRNNGet Free Report) rose 0% during mid-day trading on Thursday . The company traded as high as $12.38 and last traded at $12.38. Approximately 700 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 962 shares. The stock had previously closed at $12.38.

Southern Banc Stock Performance

The business’s fifty day moving average is $12.41 and its 200-day moving average is $12.04. The firm has a market cap of $10.73 million, a P/E ratio of 6.37 and a beta of -0.35.

Southern Banc (OTCMKTS:SRNNGet Free Report) last released its earnings results on Thursday, August 15th. The company reported $0.55 earnings per share (EPS) for the quarter. The firm had revenue of $2.37 million during the quarter. Southern Banc had a return on equity of 12.13% and a net margin of 15.12%.

Southern Banc Company Profile

(Get Free Report)

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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