Southern First Bancshares Inc. (SFST) Hits New 12-Month High at $26.65
Southern First Bancshares Inc. (NASDAQ:SFST)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $26.65 and last traded at $26.33, with a volume of 17,182 shares trading hands. The stock had previously closed at $25.94.
Separately, Zacks Investment Research downgraded Southern First Bancshares from a “buy” rating to a “hold” rating in a research report on Wednesday, March 30th.
The stock has a market cap of $166.88 million and a P/E ratio of 15.57. The company’s 50-day moving average is $25.07 and its 200-day moving average is $24.07.
A hedge fund recently raised its stake in Southern First Bancshares stock. EJF Capital LLC boosted its stake in shares of Southern First Bancshares Inc. (NASDAQ:SFST) by 5.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 533,274 shares of the company’s stock after buying an additional 26,151 shares during the period. EJF Capital LLC owned 8.48% of Southern First Bancshares worth $12,105,000 as of its most recent filing with the SEC.
Southern First Bancshares, Inc is a bank holding company that owns the capital stock of Southern First Bank (the Bank), a South Carolina state bank, and all of the stock of Greenville First Statutory Trust I and II (the Trusts). The Bank is a commercial bank with nine retail offices located in Greenville, Columbia and Charleston, South Carolina.
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