Southern Banc (OTCMKTS:SRNN) Shares Up 7.8%

The Southern Banc Company, Inc. (OTCMKTS:SRNNGet Rating) shot up 7.8% on Thursday . The company traded as high as $11.97 and last traded at $11.97. 100 shares were traded during trading, a decline of 46% from the average session volume of 186 shares. The stock had previously closed at $11.10.

Southern Banc Trading Up 7.8 %

The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $9.70 million, a P/E ratio of 4.31 and a beta of -0.28. The firm’s 50 day simple moving average is $11.85 and its two-hundred day simple moving average is $11.33.

Southern Banc (OTCMKTS:SRNNGet Rating) last released its quarterly earnings results on Tuesday, November 15th. The company reported $0.81 earnings per share for the quarter. The business had revenue of $2.23 million for the quarter. Southern Banc had a net margin of 25.39% and a return on equity of 17.71%.

Southern Banc Company Profile

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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.

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