Southern Banc (OTCMKTS:SRNN) Stock Price Up 6.2%

Shares of Southern Banc Company Inc (OTCMKTS:SRNN) rose 6.2% during trading on Thursday . The stock traded as high as $8.60 and last traded at $8.60, approximately 1,000 shares traded hands during mid-day trading. An increase of 343% from the average daily volume of 226 shares. The stock had previously closed at $8.10.

The company has a fifty day moving average of $8.32 and a 200 day moving average of $8.44. The firm has a market capitalization of $6.53 million, a P/E ratio of 13.73 and a beta of 0.20. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.92 and a quick ratio of 0.92.

Southern Banc (OTCMKTS:SRNN) last issued its earnings results on Monday, August 26th. The company reported $0.12 earnings per share (EPS) for the quarter. Southern Banc had a return on equity of 4.11% and a net margin of 8.21%. The company had revenue of $1.14 million for the quarter.

Southern Banc Company Profile (OTCMKTS:SRNN)

The Southern Banc Company, Inc operates as the holding company for The Southern Bank Company that provides various banking products and services in Alabama. Its personal banking products include checking accounts, home mortgage loans, home equity loans, auto loans, and personal loans. The company's business banking products comprise business checking accounts, cash flow management, real estate lending, and equipment financing.

See Also: P/E Growth (PEG)

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